CHINA TOPIX

03/28/2024 01:46:37 pm

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CITIC Capital

McDonald's

McDonald's Sells China Business to CITIC, Carlyle for $2.1B

Fast food guru McDonald's sold a great number of its market shares in China to two other firms, in a bid to expand its presence in the Chinese market. The deal that was announced on Monday was valued at $2.1 billion and highlighted Hong Kong's CITIC Capital and US Carlyle Group as the main investors.

Tencent Holdings has joined hands with a consortium of investors for partly funding its Supercell acquisition.

Tencent Gets AVIC, CITIC and Others to Invest $850-M for Supercell Purchase

Tencent Holdings has joined hands with a consortium of investors to partly fund its Supercell acquisition.

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