# KFC franchisees in Russia ask govt to halt sale of stores to local operator – RIA
Published: 2023-01-12
Category: Headlines
Category URL: https://companiesdigest.com/category/headlines/
Meta Title: KFC Franchisees in Russia Oppose Yum! Brands Sale to Local Operator
Meta Description: Franchisees in Russia ask gov't to stop Yum Brands selling KFC to local operator. Russian restaurant market may be impacted. Deal awaiting govt approval.
URL: https://companiesdigest.com/kfc-franchisees-in-russia-ask-govt-to-halt-sale-of-stores-to-local-operator-ria/

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MOSCOW (Reuters) – A number of KFC franchisees in Russia have asked the government to stop the sale of the Yum! Brands restaurant business to the local operator, the RIA news agency said, citing Russia’s restaurant market commissioner.

Yum Brands said in October that it had reached a deal to sell its KFC restaurants in Russia to Smart Service Ltd.

According to RIA, some franchisees have asked the Russian government to suspend the sale as it could hurt the restaurant market. The deal needs a Russian government commission’s approval.

(Reporting by Reuters; Editing by Jacqueline Wong)


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