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With Stake Increase from CITIC Capital, McDonald's China Says Equity Structure Simplified
CITIC Capital Holdings Limited (CITIC Capital) announced that its private equity investment business, Trustar Capital, inked an agreement with CITIC (00267.HK) to acquire its share...
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With Stake Increase from CITIC Capital, McDonald's China Says Equity Structure Simplified
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CITIC Capital Holdings Limited (CITIC Capital) announced that its private equity investment business, Trustar Capital, inked an agreement with CITIC (00267.HK)  +0.040 (+0.448%)    Short selling $15.56M; Ratio 14.834%   to acquire its shares in McDonald's businesses in mainland China, Hong Kong and Macau (referred to as "McDonald's China").

After the transaction, the CITIC Capital Consortium (comprising of CITIC Capital and its private equity investment business, Trustar Capital) remains the controlling shareholder of McDonald's China.

McDonald's China responded that it is very pleased to see that CITIC Capital's private equity investment business, Trustar Capital, increased its stake in McDonald's China based on its steadfast optimism about the growth prospects of China's economy and consumer market as well as McDonald's China's development potential. McDonald's China said the transaction will further simplify its shareholding structure.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-12-04 16:25.)

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