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CITIC Ltd (0267.HK)

0267.HK on Hong Kong Stock

10.04HKD
20 Jan 2020
Change (% chg)

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Wed, Jan 8 2020

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CITIC to sell 22% stake in McDonald's China business to PE arm: sources

HONG KONG/BEIJING/SHANGHAI CITIC Ltd , the main listed arm of Chinese state-owned conglomerate CITIC Group, plans to sell a 22% stake in McDonald's Corp's mainland China and Hong Kong business, which is likely to be bought by the group's private equity arm.

UPDATE 2-CITIC to sell 22% stake in McDonald's China business to PE arm -sources

HONG KONG/BEIJING/SHANGHAI Jan 8 CITIC Ltd , the main listed arm of Chinese state-owned conglomerate CITIC Group, plans to sell a 22% stake in McDonald's Corp's mainland China and Hong Kong business, which is likely to be bought by the group's private equity arm.

CITIC Pacific offers to buy distributor Dah Chong Hong for $385 mln

HONG KONG, Oct 21 CITIC Pacific Ltd said on Sunday it will offer to buy Dah Chong Hong Holdings Ltd for HK$3.02 billion ($385.1 million) to "re-engineer" the businesses of the motor and consumer products distributor for improved competitiveness.

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