Yum! Brands Board Approves Separation of Yum China

On September 26th the Board of Directors of Yum! Brands approved the previously announced separation of its China business, to be owned by a new publicly traded vehicle called Yum China Holdings, from Yum! Brands.

The separation is expected to occur after the close of business on October 31st 2016 and Yum China expects to begin trading as an independent company beginning November 1st 2016 under the ticker symbol “YUMC”.
Click here to read the official press release.

 

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