Carlyle eyes fresh backers for McDonald's China arm, Bloomberg reports

您所在的位置:网站首页 Chinese arts in my eyes Carlyle eyes fresh backers for McDonald's China arm, Bloomberg reports

Carlyle eyes fresh backers for McDonald's China arm, Bloomberg reports

#Carlyle eyes fresh backers for McDonald's China arm, Bloomberg reports | 来源: 网络整理| 查看: 265

April 21 (Reuters) - Carlyle Group Inc (CG.O) is considering bringing in fresh backers for its investment in McDonald's Corp's (MCD.N) China operations, seeking a valuation of $8 billion to $10 billion for the business, Bloomberg News reported on Friday.

The U.S.-based private equity firm has been discussing various options with financial advisers for its stake in McDonald's China, two people with knowledge of the matter told Reuters.

The options include setting up a continuation fund for the asset, the people said, declining to be identified because the information is confidential.

The continuation fund structure would allow Carlyle to sell part of its holdings in McDonald's China while introducing new investors into the company, they said.

The discussions are at an early stage and Carlyle has yet to decide on the final option, the people said.

Bloomberg said in its report that Carlyle, which controls McDonald's China along with Trustar Capital, could sell part of their stakes in the fast-food giant in the deal while still retaining control, citing people familiar with the matter.

Carlyle declined to comment. McDonald's and Trustar did not immediately respond to a Reuters request for comment.

In 2017, the U.S fast-food chain agreed to sell 80% of its China and Hong Kong business to China's state-backed conglomerate CITIC (0267.HK) and Carlyle for up to $2.1 billion. Trustar Capital is a private equity affiliate of CITIC Capital Holdings.

In 2020, CITIC Ltd said it would sell a 22% stake in McDonald's China for at least 2.17 billion yuan.

Reporting by Yana Gaur in Bengaluru; Editing by Savio D'Souza

Our Standards: The Thomson Reuters Trust Principles.



【本文地址】


今日新闻


推荐新闻


CopyRight 2018-2019 办公设备维修网 版权所有 豫ICP备15022753号-3