Private Equity
August 16, 2018 5:00 AMPeteHONG KONG • Beijing's sovereign wealth fund could do without the fried chicken. : China Investment Corporation (CIC) may join a bid to take private Yum China Holdings, the US$14 billion (S$19.3 billion) operator of KFC, Pizza Hut and Taco Bell outlets in China, Bloomberg has reported. According to the report on Tuesday, CIC and DCP Capital, the investment firm run by former KKR & Co senior executives, are part of a consortium considering a buyout of New York-listed Yum China.

In this article