Thursday, September 1, 2016

CITIC, Carlyle team up for McDonald's N.Asia bid -sources

HONG KONG, Sept 2 (Reuters) - Chinese state conglomerate

CITIC Group and U.S. private equity firm Carlyle Group

are teaming up to bid for McDonald's outlets in China

and Hong Kong in a deal worth between $2 billion and $3 billion,

four people familiar with the matter said.

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