Restaurant operator Yum China rejects $17.6 billion Hillhouse-led offer: sources

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, people with direct knowledge of the matter said.

from Reuters: Business News https://ift.tt/2C9AOUj