CITIC Ltd (0267.HK)
24 Feb 2017
* McDonald's says it has filed deal for MOFCOM review (Adding pix)
HONG KONG, Feb 16 A Chinese consultancy that has previously helped to win antitrust battles against Coca-Cola and Apple has taken aim at McDonald's Corp , arguing in a complaint to regulators that the American fast food giant's China sale may hurt workers and consumers.
* Estimated impairment of USD800 million to USD1 billion (net of tax) is likely to be made in 2016 accounts
Jan 9 Citic Ltd and Carlyle Group LP would buy a majority interest in McDonald's Corp's mainland China and Hong Kong businesses for $2.08 billion, the companies said.
BRIEF-Citic updates on acquisition of controlling interest in McDonald's Mainland China and HK businesses
* deal for at a total consideration of up to us$2.080 billion
LONDON, Nov 28 CITIC Pacific Mining's Sino Iron project in Western Australia is ramping up production and expects to export more than 10 million tonnes this year, its chairman said on Tuesday, adding the goal was to become the world's lowest cost producer.
HONG KONG, Oct 18 State-owned property developer China Overseas Land & Investment Ltd said on Tuesday its operating profit in the third quarter jumped 110 percent from a year ago, benefitting from the acquisition of the residential property business of conglomerate CITIC Ltd .