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Yum China's VIE-linked deal cleared unconditionally by Chinese regulator

By Yonnex Li ( July 22, 2020, 03:30 GMT | Insight) -- A deal involving a subsidiary of Yum China, which runs KFC and Pizza Hut brands in the country, has been approved without conditions by the antitrust regulator. The clearance may open the door to more filings of transactions relating to the controversial corporate structure known as a variable interest entity, or VIE.A deal involving a subsidiary of Yum China, which runs KFC and Pizza Hut brands in the country, has been approved without conditions by the country's antitrust regulator. The clearance may open the door to more filings of transactions relating to the controversial corporate structure known as a variable interest entity, or VIE....

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