Yum China Holdings, Inc. (NYSE:YUMC) acquired additional 20% stake in Suzhou KFC Co., Ltd. for approximately $120 million in December 2022. After completion, Yum China Holdings now holding 92% stake in Suzhou KFC.

Yum China Holdings, Inc. (NYSE:YUMC) completed the acquisition of additional 20% stake in Suzhou KFC Co., Ltd. in December 2022.