McDonald's has agreed to buy back Carlyle Group's 28% stake in its China, Hong Kong, and Macau business for about $1.8 billion, increasing its share to 48%. Citic, the Chinese conglomerate, will continue to hold 52%. Carlyle will sell its entire stake in McDonald's China operation, reaping a 6.7 times return. McDonald's expressed confidence in the growth prospects of its China business, with its global stake increasing from 20% to 48%.
In 2017, $MCD sold 80% of McD China for $1.7 billion at a $2.1 billion valuation. The CEO then received a year-end bonus of $21.8 million for improving corporate financial performance. Now, $MCD is buying back 28% for $1.8 billion at a $6.4 billion valuation.😂😂
Carlyle agreed to sell its entire stake in McDonald’s China operation to the hamburger chain operator for about $1.8 billion, reaping a 6.7 times return in one of the investment giant’s best exits from the Asian nation https://t.co/Fy4NHJLqtc
🍔💼On November 20th, McDonald's announced a strategic move to acquire a minority stake in Carlyle Investment Group's operations in China. McDonald's global stake in its Chinese operations will increase from 20% to 48%. #china #technology #McDonalds #BusinessExpansion https://t.co/tZma5mfDn6
WATCH: McDonald's said it had struck a deal to ramp up its stake in its China business to just under 50 percent, expressing confidence in the burger chain's growth prospects in the world's second-largest economy https://t.co/7zObSXvQQ1 https://t.co/kSTYmPjlHK
Fast food giant McDonald's said it is ramping up its stakes in its China business to 48 percent, expressing confidence in the burger chain's growth prospects in the world's second-largest economy https://t.co/e1vHE5Hchr https://t.co/JhcCy5ULkh
WATCH: McDonald's said it had struck a deal to ramp up its stake in its Chinese business to 48 percent. The deal saw McDonald's buy out a 28 percent stake held by the Carlyle investment group https://t.co/7zObSXvj0t https://t.co/9DDeDVSeOd
McDonald's is ramping up its stake in its China business to just under 48 percent, in a move sharply in contrast to other multinational corporations https://t.co/e1vHE5GErT https://t.co/Xtvz4zMgUO
WATCH: McDonald's is ramping up its stake in its China business to just under 48 percent, in a move sharply in contrast to other multinational corporations https://t.co/7zObSXvQQ1 https://t.co/GT4ms5i2GB
McDonald's said it had struck a deal to ramp up its stake in its Chinese business to 48 percent. The deal saw McDonald's buy out a 28 percent stake held by the Carlyle investment group https://t.co/e1vHE5GErT https://t.co/USU0LvUJ1W
McDonald's bullish on China growth prospects as it boosts stake in local business https://t.co/0VxdBxyciy
Carlyle Sells McDonald’s China Stake for $1.8 Billion https://t.co/eWmMrIUbVy
$MCD AI-Powered BUY Alert 🚨 For our #AI, $MCD is a BUY (AI Score 9/10) based on the probability of beating the market in 3 months after analyzing 10,000 fundamental, technical, and sentiment stock features. Complete AI-powered $MCD analysis: https://t.co/64tK3WurtP https://t.co/eFFj6GGA8H
WATCH: Fast food giant McDonald's said it is ramping up its stakes in its China business to 48 percent, expressing confidence in the burger chain's growth prospects in the world's second-largest economy https://t.co/7zObSXvQQ1 https://t.co/TWXc9TunYi
McDonald's said it had struck a deal to ramp up its stake in its China business to just under 50 percent, expressing confidence in the burger chain's growth prospects in the world's second-largest economy https://t.co/e1vHE5GErT https://t.co/FBt6BmDzgN
McDonald’s to buy Carlyle’s stake in its China business for $1.8bn, via @AntoineGara @kayewiggins @FT #PrivateEquity https://t.co/edsJwGeBD1
McDonald’s to buy Carlyle’s stake in its China business for $1.8bn https://t.co/1WAh94xRJJ
Carlyle agreed to sell its entire stake in McDonald’s Corp.’s China operation to the hamburger chain operator for about $1.8 billion, reaping a 6.7 times return in one of the investment giant’s best exits from the Asian nation https://t.co/qvxyGUXVvs
Carlyle agreed to sell its entire stake in McDonald’s Corp.’s China operation to the hamburger chain operator for about $1.8 billion, reaping a 6.7 times return in one of the investment giant’s best exits from the Asian nation https://t.co/rsJhf0qpNe
Fast-food giant McDonald’s has agreed to buy back Carlyle Group’s 28% stake in the restaurant chain’s business in China, Hong Kong and Macau, to raise its share to 48%. Citic, the Chinese conglomerate, will continue to hold 52%. https://t.co/9v7wc6gAsT