Yum! Brands is selling the chain to private equity firm LongRange Capital, with the deal expected to close in the third quarter. The divestiture should sharpen Yum!'s focus on its better-performing Taco Bell and KFC brands, a modestly positive portfolio simplification move. The article does not disclose transaction terms.
Yum! Brands is selling the chain to private equity firm LongRange Capital, with the deal expected to close in the third quarter. The divestiture should sharpen Yum!'s focus on its better-performing Taco Bell and KFC brands, a modestly positive portfolio simplification move. The article does not disclose transaction terms.
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