Virus could spur buyout appetite for Chinese food

Mon, Feb 17, 2020 - 11:38 AM

[HONG KONG] Buyout funds could become a white knight for China's dining sector. McDonald's, KFC operator Yum China and hotpot chain Haidilao have all closed stores on the mainland as the coronavirus spreads. Until now, Chinese restaurants and private equity have been wary of each other. That may...

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