Yum! Brands' (YUM) Sum-of-the-Parts Value is $74/Share, Says Deutsche Bank

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Go back to Yum! Brands' (YUM) Sum-of-the-Parts Value is $74/Share, Says Deutsche Bank

Yum! Brands Announces Intention to Separate into Two Publicly Traded Companies

October 20, 2015 7:00 AM EDT

China Division to Become Independent Company Focused on Growth in Mainland China

Yum! Brands to Become Global Pure Play Franchisor with Three Iconic Brands

LOUISVILLE, Ky.--(BUSINESS WIRE)-- Yum! Brands, Inc. (NYSE: YUM) today announced that it intends to separate into two independent, publicly-traded companies, each with compelling and distinct strategies and investment characteristics. The transaction will create two powerful, best-in-class companies, each with a separate strategic focus:

Yum! China, a market leader with decades of... More