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MCD McDonalds Corp

273.29
-2.31 (-0.84%)
27 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
McDonalds Corp NYSE:MCD NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  -2.31 -0.84% 273.29 276.11 270.3701 271.23 3,636,454 00:56:03

Carlyle Weighs Bringing in New Backers for McDonald's China, Bloomberg Reports

21/04/2023 8:55am

Dow Jones News


McDonalds (NYSE:MCD)
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From Apr 2022 to Apr 2024

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--Buyout firm Carlyle Group Inc. is looking at finding fresh money to back its investment in McDonald's Corp.'s China arm, in a deal that could value the business at up to $10 billion, Bloomberg reports, citing unnamed sources.

--According to Bloomberg, Carlyle, which controls McDonald's China along with private-equity firm Trustar Capital, has been discussing transferring their shareholding into a new investment vehicle.

--With the move, the two firms could trim their stakes in the fast-food giant while still keeping control, give new investors exposure to the business and allow existing ones to exit or roll over their stakes, Bloomberg said.

 

Full story: bloom.bg/3mLcPCZ

 

Write to Singapore editors at singaporeeditors@dowjones.com

 

(END) Dow Jones Newswires

April 21, 2023 03:40 ET (07:40 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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