KFC Parent Yum Brands Halts Investment In Russia: Report

by Shivani Kumaresan, Benzinga Staff Writer

March 8, 2022 11:15 AM | 27 seconds read | Make a Comment

Yum Brands Inc YUM, the parent company of fried chicken chain KFC, is halting Russian investments, Reuters reported.
The report added that Yum did not say if it would seek to limit or pause current restaurant operations in Russia after the country's invasion of Ukraine.
The company has about 1,000 KFC and 50 Pizza Hut locations in Russia.
Price Action: YUM shares are trading higher by 1.83% at $115.37 on the last check Tuesday.

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