Delicious! Brands, which owns well-known brands such as KFC and Pizza Hut, has reached an equity sale agreement with China investors Chunhua Capital and Ant Financial. According to the agreement, Chunhua Capital and Ant Financial will acquire some operations of Yum! Brand in China market.
Then, Yum! China announced that it plans to officially complete its listing on1October 365438+2065438+2006, and trade as an independent company on the new york Stock Exchange. This marks the successful acquisition of part of KFC's shares in China market by China investors, and also shows the strength and influence of China Capital in the international catering industry.