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Morgan Stanley Starts Yum China Holdings (YUMC) at Overweight

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Yum! Brands Completes Separation of Yum China Business, Creating Two Powerful, Independent, Focused Growth Companies

November 1, 2016 6:30 AM EDT

Leadership Teams Will Simultaneously Ring NYSE Opening Bell Today from New York and Shanghai, Celebrating First Trade of Yum China Holdings Under Ticker YUMC

Yum! Brands Executing Transformation Plan to be More Efficient and Focused Pure Play Franchisor, Driving Growth of KFC, Pizza Hut and Taco Bell Worldwide

LOUISVILLE, Ky.--(BUSINESS WIRE)-- Yum! Brands, Inc. (NYSE: YUM) today announced that it has completed the separation of Yum China Holdings, Inc. (Yum China) from Yum! Brands, creating two powerful, independent, focused growth companies. Yum... More