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Primavera Capital, Alibaba's (BABA) Ant Capital to Make $460M Investment in Yum China (YUM)

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Go back to Primavera Capital, Alibaba's (BABA) Ant Capital to Make $460M Investment in Yum China (YUM)

BTIG Affirms Yum! Brands (YUM) at 'Neutral'; Says Yum China Stake Sale Valuation Below Expectations

September 2, 2016 11:23 AM EDT

BTIG affirms Yum! Brands (NYSE: YUM) with a Neutral rating following news that it would sell a portion of Yum China today.

Analyst Peter Saleh commented today, We remain Neutral rated on Yum! as the initial minority investment in the China... More