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McDonald's to set up largest franchisee outside U.S. market in China
Fast food giant McDonald's announced Monday it would partner with a group of investors, which would make the new company the largest franchisee outside of America.
January10,2017
McDonald's sells 80% stake
Fast-food chain McDonald's Corp announced on Monday the sale of 80 percent of its Chinese mainland and Hong Kong operations to a consortium including CITIC Ltd and Carlyle Group LP.
January10,2017
McDonald's announces major deal to turnaround China fortunes
Another 1,500 McDonald's are set to open across the Chinese mainland and Hong Kong in five years under the largest franchise deal outside the US between the fast food giant and a consortium led by CITIC and Carlyle Group.
January09,2017
"Two potential buyers" for McDonald's China
McDonald's Corp is reported to have narrowed the potential buyers of its China franchise to State-owned CITIC Group Corp and US-based private equity firm Carlyle Group LP.
December28,2016
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