Yum China Investment by Primavera and Ant Financial
YUM China is on its way. Alibaba affiliate Ant Financial and a key investor in Alibaba, Primavera Capital, are to put $460 million between them into Yum China. This is a new venture by Yum Brands, owner of Taco Bell, Pizza Hut and KFC. In fact, Primavera will be putting $410 million into the deal wi [...]