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TPG said to exit race for US$2b McDonald's China rights

Friday, October 28, 2016 - 05:50

Hong Kong

TPG Capital has exited the race for the McDonald's Corp China operations, leaving two other foreign buyout firms to compete with local bidders in a sale that could fetch as much as US$2 billion, people with knowledge of the matter said. 

Bain Capital has partnered Chinese

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