McDonald's China Owners Seek Fresh Funds To Support Golden Arches Expansion - Carlyle Group (NASDAQ:CG), Yum China Holdings (NYSE:YUMC)
Key Takeaways: Carlyle and Citic may be looking to sell down their stake in a venture that operates most McDonald’s stores in China The move may be partly driven by investors looking to cash out their stakes in Carlyle and Citic-backed funds that financed the original investment in 2017 By Chen Ruzhen