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McDonald’s China owners Carlyle, Trustar plan $4 billion exit – Bloomberg News
2023.07.12 21:17
© Reuters. The logo of McDonald’s is seen at its restaurant in Hong Kong, China August 27, 2021. REUTERS/Tyrone Siu/File Photo
(Reuters) – Carlyle Group (NASDAQ:) Inc and Trustar Capital are planning to raise $4 billion from funds including GIC Pte to buy part of their stakes in McDonald’s Corp (NYSE:) operations in Hong Kong and mainland China, Bloomberg News reported on Wednesday.
The move would provide a partial exit for the buyout firms after they bought the business six years ago, according to the report, citing people familiar with the matter.
