October 20, 2015 / 11:09 AM / 2 years ago

Yum Brands plans to separate into 2 publicly traded companies

Oct 20 (Reuters) - Yum Brands Inc said it intended to separate its China and U.S. businesses into two independent, publicly traded companies.

Yum China will become a franchise of Yum Brands in Mainland China, the parent of KFC, Pizza Hut and Taco Bell chains said.

Reporting by Sruthi Ramakrishnan in Bengaluru; Editing by Anil D'Silva

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