Restaurant operator Yum China rejects $17.6 billion Hillhouse offer: source

Fast-food chain operator Yum China Holdings Inc has rejected a $17.6 billion buyout offer from a consortium led by Chinese investment firm Hillhouse Capital Group, quashing what would have been one of Asia's biggest deals this year, a person with direct knowledge of the matter said.

from Reuters: Business News https://ift.tt/2BXmMVD