HALISTER: Citic-Carlyle to Buy McDonald’s China, H.K. Ops in $2.08b Deal

Citic-Carlyle to Buy McDonald’s China, H.K. Ops in $2.08b Deal

(Bloomberg) -- Citic to own 52% of McDonald’s China, Hong Kong businesses, Carlyle to own 28% upon completion of the acquisition, while McDonald’s holds remaining 20%, Citic says in filing to stock exchange.
  • This investment offers a chance to deepen Citic’s exposure to the consumer sector: statement
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Source: BFW (Bloomberg First Word)

Tickers
MCD US (McDonald's Corp)
267 HK (CITIC Ltd)
CG US (Carlyle Group LP/The)

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