CIC, KKR group ends talks with Yum Brands over China business

CIC, KKR group ends talks with Yum Brands over China business

A man walks past a logo of KFC, outside a restaurant in Shanghai, China, July 30, 2015. REUTERS/Aly Song/File Photo

A consortium that includes sovereign wealth fund China Investment Corp (CIC) and U.S. buyout firm KKR & Co has ended discussions to buy a stake in Yum Brands Inc’s China unit, according to people familiar with the matter.

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