Deals

McDonald’s China Is Said to Attract Sovereign Wealth Funds

  • Mubadala, QIA, CIC among funds interested in fast-food chain
  • Carlyle sold 28% holding in business to McDonald’s in November

Customers dine inside a McDonald's Corp. restaurant in Beijing.

Photographer: Tomohiro Ohsumi/Bloomberg
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Middle Eastern and Chinese sovereign wealth funds are considering investing in McDonald’s Corp.’s China business, according to people familiar with the matter.

Firms including Mubadala Investment Co., Qatar Investment Authority and China Investment Corp. are in talks to jointly invest in the fast-food chain’s China operations as minority shareholders, the people said, asking not to be identified discussing confidential information.