China Resources Holdings : Chinatopix

China Resources Holdings

McDonald's Corp is targeting private equity firms for its planned sale of 2,800 North American restaurants.

McDonald's Targets Partnership with Private Equity Firms for Asian Expansion

Apr 17, 2016 06:32 AM EDT

McDonald's Corporation is targeting private equity firms such as MBK Partners, TPG Capital Management, Bain Capital and state-owned China Resources Holdings for its planned sale of 2,800 North Asia restaurants.

Chinese State-Owned Oil Company to Divest Itself of Hotels and Cars

Benjie Batanes |

Sep 14, 2015 09:25 AM EDT

A Chinese government-owned oil company has announced on Monday that it will divest most of its hotels and let go of several thousand vehicles. The move is seen as an effort by the company to stamp out graft and corruption within its ranks.

China Resources Holding Former Chairman Faces Prosecution for Corruption

Kwao Peppeh |

Sep 11, 2015 09:07 AM EDT

The former chairman of a major state-owned company China Resources (Holdings) Co. Ltd is set to face prosecution for various crimes including corruption and embezzlement.