A number of Middle Eastern and Chinese sovereigns** are in talks to jointly invest in McDonald's China.
Companies including Mubadala Investment, Qatar Investment Authority and CIC are considering a joint investment in McDonald's China as minority shareholders, according to people familiar with the matter.
However, people familiar with the matter also revealed that the current negotiations are progressing slowly, and it may take 1-2 months to reach a potential agreement, and valuation is still a key point in the negotiations.
It is reported that China is the second largest market for McDonald's Corporation, with more than 5,500 McDonald's restaurants, and plans to achieve the goal of 10,000 restaurants by 2028.
The majority shareholder, CITIC Group, which has been holding a 52% stake in McDonald's China through its controlling subsidiary Trustar Capital, has recently been considering a variety of investment options for the company to seek, such as transferring its stake to a new investment company.
In 2017, McDonald's worldwide was ranked at 20With about 80% of McDonald's business in China, CITIC Consortium, PE giant Carlyle Group and McDonald's Global hold % and 20% of the shares respectively, and McDonald's China's management company officially changed its name to "Golden Arches (China)**".
After McDonald's Global agreed to acquire a 28 percent stake in The Carlyle Group's China business last November, McDonald's Global will increase its stake in the Chinese business to 48 percent, worth about $1.8 billion.