Refer to the input text as context and select the correct relationship between 'Yum Brands' and 'KFC' from the available options.
Options: owned by, subsidiary, currency, chairperson

Yum Brands fell 2.9 percent to $89.37 after the owner of Pizza Hut and KFC reported its fourth straight quarter of falling sales, indicating it is still struggling to regain lost ground in China after a food scandal last year.
subsidiary