Yum Brands, the owner of KFC, Taco Bell and Pizza Hut, is in talks with KKR and other financial firms about the sale of a stake in its China business.
The US firm could reportedly sell up to 20 percent of its Chinese operations, valuing the unit at about USD10 billion.
Last October, it announced plans to spin off and list its China division by the end of 2016. The shake-up is set to be the biggest since Yum was split from PepsiCo two decades ago.
(Source: BBC News)