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McDonald’s Announces New Partnership and Company to Act as Master Franchisee in China and Hong Kong

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McDonald’s Corporation announced Monday, along with CITIC Limited, CITIC Capital Holdings, and The Carlyle Group, the formation of a partnership and company that will act as the master franchisee responsible for McDonald’s businesses in mainland China and Hong Kong for a term of 20 years. The total consideration payable by the new company to acquire […]

The post McDonald’s Announces New Partnership and Company to Act as Master Franchisee in China and Hong Kong appeared first on Washington Report.


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