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KFC

Tricon Global Restaurants

Aug, 1997
Louisville, Kentucky, U.S.

In August 1997, PepsiCo spun off its restaurant division as a public company valued at US$4.5 billion. The new company was named Tricon Global Restaurants, and by that time it had 30,000 outlets and annual sales of US$10 billion, making it second in the world only to McDonald's.


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