China’s McDonald’s May Be Sold to GIC and Mubadala
Posted on 07/14/2023
Multinational private equity, alternative asset management, and financial services corporation Carlyle, and private equity affiliate of Hong Kong’s CITIC Capital, Trustar Capital, are looking to unload their famous “food, folks and fun” burger holdings to Singapore’s GIC and UAE’s Mubadala for a price tag of US$ 4 billion. This will include 4,500 restaurants. McDonald’s China is different from…
