Owners Of McDonald's China Seek Partial Exit: Report
Portfolio Pulse from Akanksha Bakshi
Carlyle Group Inc (CG) and Trustar Capital are reportedly planning to sell part of their stakes in McDonald's Corp (MCD) operations in Hong Kong and mainland China. The private equity firms aim to raise $4 billion from wealth funds. The move would provide a partial exit for the firms after they bought the business six years ago. The deal values the business at up to $10 billion, including debt.
July 13, 2023 | 1:18 pm
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NEUTRAL IMPACT
Carlyle Group is planning to sell part of its stake in McDonald's China operations. This could potentially bring in significant funds for the company.
The sale of part of Carlyle Group's stake in McDonald's China operations could bring in significant funds for the company. However, the impact on the company's stock price is uncertain as it depends on how the market perceives this move.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
NEUTRAL IMPACT
Carlyle Group and Trustar Capital are planning to sell part of their stakes in McDonald's China operations. This could potentially affect the company's operations in the region.
The sale of part of Carlyle Group and Trustar Capital's stakes in McDonald's China operations could potentially affect the company's operations in the region. However, the impact on the company's stock price is uncertain as it depends on how the market perceives this move.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80