Latham & Watkins has advised Trustar Capital, private equity affiliate of CITIC Capital Holdings Limited (CITIC Capital), on a series of transactions involving its existing portfolio, McDonald’s mainland China, Hong Kong, and Macau businesses (McDonald’s China). These transactions include acquisition from CITIC Limited of all of its equity interests in McDonald’s China for a total consideration of approximately US$430 million.
Upon completion of the transactions, Trustar Capital and CITIC Capital will collectively hold 52% of the equity interests in McDonald’s China, with the remaining 48% held by McDonald’s Corporation.
The Latham team was led by Hong Kong corporate partners Frank Sun and Zhonghua (Stephen) Shi, with associates Yao Yang, Mark Hu, and Yvette Ho.
Where the legal industry reads first.
Enjoyed this article? Get the biggest legal industry updates, deals, appointments, insights and expert interviews in your inbox, free.
No spam. Unsubscribe anytime.From Legal Desire
Is your firm the one being cited, or the one being skipped?
We ran the test. On several everyday legal questions, software companies are answering and law firms are not. We help firms fix that, and we build the technology behind the practice.
