the shares are between 4% and 6%.
On September 2, 2116, Yum! Brands (parent companies of KFC and Pizza Hut) announced that they had reached an agreement with Chunhua Capital and Ant Financial, and Chunhua Capital and Ant Financial invested 461 million US dollars in Yum! China, of which Chunhua Capital invested 411 million US dollars and Ant Financial invested 51 million US dollars. Ant Financial and Chunhua Capital hold 4%-6% of Yum! China.
The price per share is based on the weighted average price of trading volume of Yum! China shares within 31 to 61 days after the completion of the split, with an 8% discount, and the final number of shares will be adjusted according to this price. Chunhua Capital and Ant Financial * * * have two batches of stock options that can be exercised within five years, and each batch acquires about 2% of the common stock of Yum! China at the exercise price of US$ 12 billion and US$ 15 billion respectively.
Extended information
Alipay, a subsidiary of Ant Financial, and many online catering delivery companies, including word of mouth, all need the leverage and resource integration of offline catering enterprises. After users use Alipay online at high frequency, Ant Financial will get very valuable user usage data.
this kind of consumption data is very helpful for judging users' credit status and spending power, which is also very helpful for Sesame Credit and Ant Financial's consumer finance business.
By investing in Yum! China, Ant Financial can better cooperate with Yum! in the payment field. After all, the fast food industry is different from high-end catering, which is closer to the public and can better cater to the "long tail effect" brought by Alipay.
After the golden period, foreign fast food brands have a growing sense of crisis. Both KFC and McDonald's are offering Chinese breakfasts and personalized customized services, but there is still a situation of acclimatization. Introducing local enterprises will help them speed up the process of integration.
People's Daily Online-Ma Yun bought KFC? Just cooperating!