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Thursday, September 4, 2014

Yum China Spinoff Seen Likelier Amid Meat Scare



Investors.com http://ift.tt/1qrsuke Yum Brands (YUM) might separate its China division to get the bad taste out of investors' mouths over the expired meat debacle, according to an analyst. The odds are higher that the operator of KFC, Pizza Hut and Taco Bell could spin off its China business and list on the Hong Kong stock exchange, Stifel analyst Paul Westra said in a research note late Wednesday, now that the company's same-store sales there are expected to take a big hit from the


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