CITIC Capital
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.
Tencent Gets AVIC, CITIC and Others to Invest $850-M for Supercell Purchase
| S. Rina | | Oct 18, 2016 09:48 PM EDT |
Tencent Holdings has joined hands with a consortium of investors to partly fund its Supercell acquisition.
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