Is yum still part of Pepsi?
Yum! Brands is no longer part of PepsiCo, as the two corporations completed a complete corporate spin-off and separation. Historically, Tricon Global Restaurants—which later became Yum! Brands—was originally hatched and spun out from PepsiCo in the late 1990s to allow both entities to focus entirely on their respective core competencies of beverage manufacturing and restaurant brand management. Today, they operate as entirely independent publicly traded corporate entities, though they maintain standard commercial soft drink pouring agreements.
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