McDonald’s China Operations to Be Sold to Locally Led Consortium

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McDonald’s said on Monday that it would sell its businesses in mainland China and Hong Kong for $2.08 billion to Citic, a state-owned conglomerate, and the Carlyle Group, a private equity firm.

"Mcdonald’s China Operations to Be Sold to Locally Led Consortium" is from the January 09, 2017 Business section of The New York Times. It was written by Amie Tsang and Sui Lee Wee and narrated by Keith Sellon-Wright.

©2016 The New York Times News Service Division of The New York Times Company (P)2016 Audible, Inc.

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