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CARLYLE GROUP

McDonald's deal gives 'more flexibility'

Carlyle and state-backed Citic's majority stake in its China and HK markets allow for more tasteful innovations

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Carlyle says the new deal will help boost the McDonald's brand after 2014's "expired meat" scandal - with a focus on menu innovation, enhanced restaurant convenience, retail digital leadership and delivery.

Singapore

CHANGE is coming to McDonald's in China and Hong Kong after The Carlyle Group, together with Chinese state-backed conglomerate Citic, bought a majority stake in the fast food giant's operations in the two markets.

In one of his first public comments on the deal, Carlyle

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