USEUROPEAFRICAASIA 中文雙語Fran?ais
    World
    Home / World / Americas

    McDonald's chooses Carlyle consortium to buy China franchise

    Agencies | Updated: 2016-12-07 09:10

    McDonald's Corp has picked a consortium led by private-equity firm Carlyle Group LP and Chinese conglomerate CITIC Group Corp to buy its Chinese mainland and Hong Kong stores for as much as $2 billion while keeping a minority stake in the business, according to US media reports on Tuesday.

    An announcement could be made as early as next week, The Wall Street Journal reported.

    The decision by McDonald's to retain a stake of up to 25 percent lowered the price tag for the business from up to $3 billion expected previously, said a person familiar with the deal who declined to be identified because details are not public, Reuters reported.

    McDonald's wants exposure to future growth in the world's second-largest economy which is why it decided to maintain the stake, the person said. The company will also keep for now its stores in South Korea, which it previously also wanted to sell, the person added.

    A McDonald's spokeswoman in Chinese mainland declined to comment. Carlyle declined to comment and CITIC did not immediately respond to a Reuters request for comment.

    McDonald's in March said it was reorganizing operations in the region, looking for strategic partners in Chinese mainland, Hong Kong and South Korea as it switches to a less capital-intensive franchise model.

    The Oak Brook, Illinois-based McDonald's owns most of its more than 2,800 restaurants in the three markets. It is offering a 20-year franchise to buyers with a 10-year extension option.

    The sale comes at time when fast-food operators including McDonald's and Yum Brands Inc are recovering from a series of food-supply scandals in Chinese mainland that have undermined their performance.

    Yum, best known for the KFC, Pizza Hut and Taco Bell brands, agreed to sell a $460 million stake in its Chinese mainland unit to investment firm Primavera Capital and an affiliate of Alibaba Group Holding Ltd ahead of a planned spin-off of the business.

    Most Viewed in 24 Hours
    Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
    License for publishing multimedia online 0108263

    Registration Number: 130349
    FOLLOW US
    精品亚洲综合久久中文字幕| 精品三级AV无码一区| 国产精品无码AV一区二区三区| 亚洲乳大丰满中文字幕| 日韩人妻无码一区二区三区久久| 亚洲中文字幕在线观看| 午夜无码国产理论在线| 亚洲av无码专区国产乱码在线观看| 亚洲一区二区三区无码中文字幕| 波多野42部无码喷潮在线| 亚洲精品无码国产| 69堂人成无码免费视频果冻传媒| 中文精品无码中文字幕无码专区 | 无码中文字幕乱在线观看| 国99精品无码一区二区三区| 免费无码国产欧美久久18| 中文字幕av在线| 中文字幕免费不卡二区| 无码人妻丰满熟妇啪啪| av无码播放一级毛片免费野外| 亚洲AV人无码综合在线观看| 日韩a级无码免费视频| 日本乱偷人妻中文字幕在线| 亚洲欧美日韩在线中文字幕| 最好看的2018中文在线观看 | 好硬~好爽~别进去~动态图, 69式真人无码视频免 | 久久久久无码精品国产| 无码人妻一区二区三区兔费| 精品日韩亚洲AV无码一区二区三区 | 亚洲爆乳无码精品AAA片蜜桃 | 精品无码久久久久久午夜| 秋霞鲁丝片Av无码少妇| 亚洲精品午夜无码专区| 韩国19禁无遮挡啪啪无码网站| 久久精品?ⅴ无码中文字幕| 7国产欧美日韩综合天堂中文久久久久| 日韩av无码中文字幕| 中文字幕一区二区三区精彩视频| 最近2019免费中文字幕6| 久久中文字幕视频、最近更新| 日韩AV片无码一区二区三区不卡|