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Yum Predicts Faster Growth and Less Risk After China Spinoff

  • Unit sees potential to triple units in long term, from 7,300
  • Yum China has over $900 million cash, could make acquisitions
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Yum Brands Is a Story of Future Growth: CEO Creed

Bloomberg News
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Yum! Brands Inc., the U.S. fast-food giant that’s spinning off its China unit, plans to add more outlets with the likelihood of tripling its presence to about 22,000 stores in Asia’s biggest economy.

Yum China already has 7,300 restaurants in the country -- five per million people -- and has the potential to triple that in the long term, it said in a statement on Tuesday. By year’s end, it will have 7,500 locations comprising the KFC, Pizza Hut, Little Sheep and East Dawning chains, it said.