main-img
Back to Home » January 2017 News » McDonald's sells China business in deal worth up to $2.1B

McDonald's sells China business in deal worth up to $2.1B

January 09, 2017

HONG KONG (AP) -- Fast-food giant McDonald's is selling a controlling stake in its China business to a group of investors led by state-owned Chinese conglomerate Citic in a deal worth up to $2.1 billion, the companies said Monday....

Source URL: http://hosted.ap.org/dynamic/stories/A/AS_CHINA_MCDONALDS_SALE_ASOL-?SITE=ORLAG&SECTION=HOME&TEMPLATE=DEFAULT
Browse News