Items tagged Citic
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AREA NEWS: McDonald's to open 500 stores a year in the next five years
McDonald’s China said yesterday it has completed the transaction to sell the majority of its stake to form a company to run all McDonald’s outlets on the mainland and Hong Kong.
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AREA NEWS: McDonald’s sells China business to CITIC and Carlyle for US$2...
McDonald's Corp has agreed to sell the bulk of its Chinese mainland and Hong Kong business to conglomerate CITIC and US private equity firm Carlyle Group for up to US$2.08 billion