this post was submitted on 15 May 2024
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chapotraphouse

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[–] [email protected] 37 points 6 months ago* (last edited 6 months ago)

Under the terms of the deal, Citic Ltd. and its investment management unit Citic Capital will acquire 52 percent of the business while another partner, Washington-based private equity firm The Carlyle Group, will own 28 percent. McDonald’s will retain a 20 percent stake.

Citic is a SOE.