McDonald’s completes partnership with CITIC and Carlyle to operate and manage McDonald’s businesses in mainland China and Hong Kong

OAK BROOK, IL and SHANGHAI, CHINA and HONG KONG, CHINA, 2017-Aug-08 — /EPR Retail News/ — McDonald’s Corporation (NYSE: MCD) (“McDonald’s”) today (Aug 8, 2017) announced the successful completion of a strategic partnership with CITIC Limited (SEHK: 00267) (“CITIC”), CITIC Capital Partners (“CITIC Capital”), and The Carlyle Group (NASDAQ: CG) (“Carlyle”). Ramping up a new era of […]

Office Depot to sell its business in mainland China to Shanghai M&G COLIPU Office Supplies Co., Ltd

BOCA RATON, Fla., 2017-Jun-03 — /EPR Retail News/ — Office Depot, Inc. (NASDAQ: ODP), a leading provider of office products, services, and solutions, today (June 2, 2017) announced that it has reached an agreement to sell its business in mainland China to Shanghai M&G COLIPU Office Supplies Co., Ltd. Office Depot had previously disclosed its […]

CITIC Limited, CITIC Capital, The Carlyle Group and McDonald’s create company that will act as McDonald’s Franchisee in mainland China and Hong Kong

New Partnership Will Become the Largest McDonald’s Franchisee Outside the United States OAK BROOK, IL, 2017-Jan-11 — /EPR Retail News/ — CITIC Limited (SEHK: 00267) (“CITIC”), CITIC Capital Holdings (“CITIC Capital”), The Carlyle Group (NASDAQ: CG) (“Carlyle”) and McDonald’s Corporation (NYSE: MCD) (“McDonald’s”) today (Jan 8, 2017) announced the formation of a partnership and company […]