The sale of Yum Brands’ China franchise, a disposal once expected to fetch more than $10bn, has come to a standstill after clashes on price with the two main bidders.
China-based private equity fund Primavera and Singapore wealth fund Temasek, understood to be two of the primary bidders for the franchise that includes more than 7,200 KFC and Pizza Hut outlets, both submitted offers for at least part of the fast-food assets.
Primavera offered $2bn for part of the franchise, people briefed on the talks said.
您已閱讀28%（509字），剩餘72%（1279字）包含更多重要資訊，訂閱以繼續探索完整內容，並享受更多專屬服務。