FAST-FOOD CHAIN YUM CHINA REJECTS $17.6 BILLION HILLHOUSE BUYOUT OFFER
The Hillhouse-led consortium, which would also include regional investment house Baring Private Equity Asia, expressed an interest to offer $46 per share, or nearly 24 percent above Tuesday’s closing price, for the biggest fast-food chain in China. Fast-food chain operator Yum China Holdings Inc has rejected a $17.6 billion buyout offer from a consortium led […]