Bookmark CHINA TOPIX Subscribe Now

CHINA TOPIX

02/23/2025 06:40:43 am

Make CT Your Homepage

Home > Carlyle Group

Carlyle Group

McDonald's

McDonald's Sells China Business to CITIC, Carlyle for $2.1B

Steve M.C.   | Jan 09, 2017 08:17 PM EST

Fast food guru McDonald's sold a great number of its market shares in China to two other firms, in a bid to expand its presence in the Chinese market. The deal that was announced on Monday was valued at $2.1 billion and highlighted Hong Kong's CITIC Capital and US Carlyle Group as the main investors.

McDonald's China Sale.

Carlyle-Citic in Advanced Talks to Acquire McDonald's China Assets: Report

Girish Shetti   | Dec 02, 2016 06:36 AM EST

A joint consortium led by American private-equity firm Carlyle Group and state owned Chinese investment company Citic Group Corp are reportedly nearing a deal to acquire McDonald's Corp's assets in China and Hong Kong for $3 billion.

McDonald's operation both in China and Hong Kong could be worth as much as $3 billion.

McDonald's Gets 3 Final Bids for China and Hong Kong Outlets

Ellie Froilan   | Sep 17, 2016 07:57 AM EDT

McDonald’s Corp has received three final bids from Carlyle Group (CG), Chinese state conglomerate CITIC Group, and TPG Capital for its China and Hong Kong outlets.

EDITOR'S PICKS

Follow Us

MOST POPULAR

LATEST NEWS

Zhou Yongkang: China's Former Security Chief Sentenced to Life in Prison

China's former Chief of the Ministry of Public Security, Zhou Yongkang, has been given a life sentence after he was found guilty of abusing his office, bribery and deliberately ... Full Article

VIDEO

TRENDING STORY

© Copyright 2025 Chinatopix.com. All Rights Reserved.
Real Time Analytics