Yes, McDonald's was acquired. It was bought by Citic and CITIC Capital and Carlyle, an American private equity fund.
Today (January 9), exactly nine months after announcing on March 31, 2016 that it would bring in strategic investors, McDonald's China has finally sold for $2.08 billion (about 14.42 billion yuan) to Citic Shares, CITIC Capital and Carlyle Investments, a US private equity fund.
The acquisition consideration will be settled partly in cash and partly by issuing new shares of the new company to McDonald's. Upon completion of the transaction, CITIC and CITIC Capital will hold a combined 52 percent controlling stake in the new company, with Carlyle holding 28 percent and McDonald's 20 percent.
The new company is expected to open more than 1,500 new restaurants in the next five years and more than 1,750 directly operated restaurants will be franchised, according to the announcement, which will further develop McDonald's business, including opening new restaurants, especially in third - and fourth-tier cities, increasing sales at existing restaurants. And in the menu innovation, convenient services, digital retail, takeout and other aspects of expansion and improvement.
McDonald's (McDonald's) is a large multinational restaurant chain in the world, founded in 1955 in Chicago, the United States, with about 30,000 branches in the world. It mainly sells hamburgers, fries, fried chicken, soft drinks, ice products, salads, fruits and other fast food.
With about 32,000 restaurants in 119 countries on six continents, McDonald's represents an American way of life in many countries. As the first and largest multinational fast food chain, McDonald's has become the focus of public discussion about food causing obesity, corporate ethics and consumer responsibility, representing a fast food culture that has been accused of affecting public health, such as high calories causing obesity, and lack of adequate balanced nutrition. Many people denounce it as junk food. France is proud of its food culture, and many are hostile to McDonald's, which they see as an invasion of the American way of life. In the United States, there is a McDonald's near every highway exit. Wireless Internet access is also available. McDonald's Happy Meals offer free toys, such as Disney movie characters, that appeal to children.
The US fast food chain McDonald's announced on Tuesday that it would require chicken suppliers around the world to phase out the use of human antibiotics in 2018 to prevent the emergence of more superbugs.
On December 18, 2018, the \"2018 Top 500 World Brands\" compiled by the World Brand Lab was announced, and McDonald's ranked 10th.