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China Investment Corp, Hillhouse Reportedly Aims To Buy Yum China – China Money Network

by chinamoneynetwork.com posted 9months ago 26 views
Chinese sovereign fund China Investment Corp (CIC) is reportedly joining a consortium led by Hillhouse Capital Group to buy Yum China Holdings, Inc., the operator of KFC and Pizza Hut in mainland China, according to a media report. Other investors of the consortium include KKR & Co., DCP Capital, the investment firm run by former KKR & Co. senior executives, and Hong Kong-based regional firm Baring Private Equity Asia. Primavera Capital Group, a current investor in Yum China, could also … China Investment Corp, Hillhouse Reportedly Aims To Buy Yum China appeared first on China Money Network.

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