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McDonald's Studying Idea of Selling Stake in Japanese Unit

  • Company studies sale of loss-making unit to strategic investor
  • McDonald's Japan division has been affected by food scandals
McDonald's Holdings Co. Japan Ltd. Reports Third-Quarter Earnings
Photographer: Kiyoshi Ota/Bloomberg

McDonald’s Corp. is studying the prospects of selling a stake in its loss-making Japan unit to a “strategic investor,” and is at the early stages of the process as the world’s largest fast-food chain reviews its global ownership strategies.

“We’re exploring the sale of a portion of our ownership in McDonald’s Japan if we identify a strategic investor who could help advance Japan’s turnaround efforts and unlock our growth potential,” said Chief Financial Officer Kevin Ozan, according to a Bloomberg transcript of a conference call held Monday.