Sovereign wealth funds are interested in McDonald's China business |
Middle Eastern and Chinese sovereign wealth funds, including Mubadala Investment Co., Qatar Investment Authority, and China Investment Corp., are in talks to invest in McDonald's China business as minority shareholders. The Citic consortium, which owns 52% of the business, is considering transferring its holding to a new investment vehicle, allowing Trustar Capital to reduce its stake. Negotiations are ongoing, but valuation remains a key hurdle. McDonald's China is the company's second-largest market, with plans to expand to over 10,000 restaurants.