BRIEF-Yum China To Buy All Equity Interests Of Target Company For $1.2 Bln

Yum! Brands, Inc.

Yum! Brands, Inc.

YUM

0.00

June 16 (Reuters) - Yum China Holdings Inc 9987.HK:

  • TO BUY ALL EQUITY INTERESTS OF TARGET COMPANY FOR US$1.2 BILLION

  • TO BUY PIZZA HUT BRAND IN MAINLAND CHINA AND END LICENSE FEES

  • DEAL CONSIDERATION IS US$1.2 BILLION PAYABLE IN CASH AT CLOSING


Further company coverage: 9987.HK


This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.