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McDonald's said it had struck a deal to ramp up its stake in its China business to just under 50 per cent, expressing confidence in the burger chain's growth prospects in the world's second-largest economy. The move contrasts sharply with the prevailing trend of multinational corporations reeling back inve

Private equity giant Carlyle Group will sell to the American hamburger chain its 28 per cent stake in the partnership that operates and manages McDonald’s business in mainland China, Hong Kong, and Macau in a deal whose value was not made public.

McDonald's Corporation has agreed to acquire Carlyle's minority stake in the consortium that owns McDonald's China.

Seazen Holdings: The three-year notes are expected to have a coupon of 3.5%-4.5% and will be guaranteed by state-owned China Bond Insurance Corp, the term sheet showed.

McDonald’s has struck a deal to ramp up its stake in its China business to just under 50% and expressed confidence in its growth prospects in the world’s second-largest economy.

McDonald's said on Monday it would acquire investment firm Carlyle's 28% stake in a partnership that manages its business in mainland China, Hong Kong and Macau, as the burger chain looks to simplify its structure in the region, reports Reuters. The deal will help McDonald's raise its holdings to 48%, while a consortium led by…

OpenAI board's decision to fire CEO Sam Altman—and the drama that follows—is partly caused by its rejection of the for-profit model.

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Burger chain increases its stake to almost 50%

BIDU earnings call for the period ending September 30, 2023.