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Analysis-'Lovin' it': McDonald's raises China bet, bucking Western firms' derisking trend

The decision by McDonald's to take greater control of its China business and expand aggressively in the face of a consumer slowdown and geopolitical tensions seems risky - but the potential pay-off is great, analysts say. Last month, the U.S.-based burger maker cut a deal to repurchase the 28% stake in its China business Carlyle Group took in 2017, giving it a 48% share in $6 billion worth of operations that include Hong Kong and Macau. One advantage for McDonald’s: its majority pa...
Hong Kong Casey Hall Jason Yu Gerry Doyle Deborah Sophia Ben Cavender
Source: yahoo.com

'Lovin' it': McDonald's raises China bet, bucking Western firms' derisking trend, ET Retail

Mcdonald S: McDonalds has used funds from the Carlyle investment to double its restaurant count since 2017 to 5,500, and the country has become its second-largest market. The business aims to have more than 10,000 stores in China by 2028. Competitors of McDonalds are also expanding their reach in China.
Hong Kong Jason Yu Ben Cavender Pizza Hut Carlyle Group China Market Research Group

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Mcdonalds in China: 'Lovin' it': McDonald's raises China bet, bucking Western firms' derisking trend

McDonalds has taken greater control of its China business and expanded aggressively amid a consumer slowdown and geopolitical tensions. The company repurchased a 28% stake in its China business Carlyle Group, giving it a 48% share in $6 billion worth of operations. This move contrasts with the trend of multinational corporations reeling back investments in China or even exiting altogether due to geopolitical and economic challenges.
Hong Kong Jason Yu Ben Cavender Carlyle Group China Market Research Group Pizza Hut

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