Actionable news
0
All posts from Actionable news
Actionable news in MCD: MCDONALD'S CORPORATION,

McDonald's Keeping Up to 25% Stake in China, Hong Kong Restaurants

McDonald's (MCD) is seeking to raise $1 billion to $2 billion with the sale of its China and Hong Kong restaurants after deciding to maintain a "significant minority stake in the business," according to a source cited by Reuters on Tuesday.

The fast-food giant could keep up to a 25% stake in the stores, Reuters said, while the Wall Street Journal reports the company will keep a 20% stake.

A consortium led by private equity firm...


More