McDonald's gets half a dozen bids for China/HK store sale, deal valued at $3b

McDonald's gets half a dozen bids for China/HK store sale, deal valued at $3b

McDonald’s Corp has received more than half a dozen bids for its China and Hong Kong stores, including offers from Beijing Tourism Group, Sanpower and ChemChina, in an auction that could fetch up to $3 billion, people familiar with the matter said.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter