The sale of Yum Brands Inc.'s China franchise has come to a halt after the two main bidders disputed its price, according to a report from the Financial Times. China private equity fund Primavera and Singapore's wealth fund Temasek both submitted offers for parts of Yum's assets, according to the report. Primavera offered $2 billion for part of the Yum China franchise, but the group and Yum could not agree on pricing. Temasek made an offer, but an agreement on the price could not be reached. Louisville-based…
from Charlotte Business News - Local Charlotte News | Charlotte Business Journal http://www.bizjournals.com/charlotte/blog/bank_notes/2016/07/sale-of-yum-brands-china-franchise-ata-standstill.html?ana=RSS%26s=article_search
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