| China Investment Corp, China's state-owned sovereign wealth fund, is backing a group of investors who have expressed interest in buying a majority stake in Yum Brands Inc's China unit, Bloomberg reported, citing people with knowledge of the matter.
A deal could value Yum's China unit at $7 billion to $8 billion, Bloomberg said, citing sources. The investor group also includes KKR & Co LP and Baring Private Equity Asia, the report said...............................................Full Article: Source
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