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Yum China rejects $17.6 bln buyout - sources

Wednesday, August 29, 2018 - 01:30

Fast-food chain operator Yum China has reportedly rejected a $17.6 billion buyout offer from a consortium led by Chinese investment firm Hillhouse Capital Group, quashing what would have been one of Asia's biggest deals this year. Thuy Ong reports.

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Fast-food chain operator Yum China has reportedly rejected a $17.6 billion buyout offer from a consortium led by Chinese investment firm Hillhouse Capital Group, quashing what would have been one of Asia's biggest deals this year. Thuy Ong reports.

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Yum China rejects $17.6 bln buyout - sources

Wednesday, August 29, 2018 - 01:30