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Yum Brands in talks to offload KFC business in Russia

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Company plans to leave the country entirely once it has sold its KFC restaurants and franchise rights

A woman walks past a closed KFC restaurant in a shopping mall in Moscow, Russia on March 21 2022. Picture: REUTERS/MAXIM SHEMETOV

It opened its first KFC restaurant in Russia in 1995 and now has about 1,000 outlets there, nearly all of which are operated by independent owners under licence or franchise agreements.

 

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