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Unlikely sectors bidding for McD’s China, HK ops
HONG KONG: Fast-food giant McDonald’s Corp has received final bids from at least three groups for its China and Hong Kong outlets, with global private equity firms Carlyle Group and TPG Capital separately teaming up with Chinese partners for the business worth up to US$3bil, sources told Reuters.
McDonald's gets final bids for N. Asia stores
HONG KONG: Fast-food giant McDonald's Corp has received final offers from at least three bidding groups for its China and Hong Kong outlets, with global private equity firms Carlyle Group and TPG Capital teaming up with Chinese partners for the business worth up to US$3 billion, sources said.
Beijing group eyes Sarawak ventures
MIRI: China’s largest travel and downstream tourism group wants to help promote Sarawak in Beijing as well as seeks opportunities to invest in the state.
CITIC, Carlyle team up for McDonald's N. Asia bid
HONG KONG: Chinese state conglomerate CITIC Group and US private equity firm Carlyle Group are teaming up to bid for McDonald's outlets in China and Hong Kong in a deal worth between US$2 billion and US$3 billion, four people familiar with the matter said.
Fast-food headwinds shifting in China
Yum! Brands, McDonald’s look for buyers as Chinese tastes change
Report: McDonald's gets bids from Beijing Tourism, Sanpower for China, HK sale
HONG KONG: McDonald’s Corp has received more than half a dozen bids for its planned sale of China and Hong Kong stores, including offers from Beijing Tourism Group, Sanpower and ChemChina in a deal worth about US$3bil, people familiar with the matter told Reuters.
McDonald's gets bids from Beijing Tourism, Sanpower for China, HK sale
HONG KONG: McDonald's Corp has received more than half a dozen bids for its planned sale of China and Hong Kong stores, including offers from Beijing Tourism Group, Sanpower and ChemChina in a deal worth about US$3 billion, people familiar with the matter said.
Australian Christian missionary arrested in North Korea
SEOUL (Reuters) - An Australian man has been arrested while doing missionary work in North Korea, his wife told Reuters on Wednesday, making him the second foreign Christian missionary to be held by the North.
Beijing Tourism Group acquires stake in Da Vinci
BEIJING Tourism Group (BTG) offcially acquired a stake in Da Vinci Home Corporation Ltd recently, according to Da Vinci’s chairman, Tony Phua.
