The burger titan is taking bids for a one-third stake in its Japan unit.
Editor’s Remarks: The world’s fast food leader owns slightly less than half of McDonald’s Holdings Co Japan, but several private-equity firms are reportedly already drawing up offers. Its Japanese clientèle has had the pick of items ranging from pink-bunned teriyaki burgers to the Giga Big Mac, perhaps in line with the country’s taste for quirky gastronomics. These reports come just days after the chain announced a $2.1 billion sale of the bulk of its China and Hong Kong operations, suggesting that there may be looking to offload its Asian business as a whole.
What To Watch: McDonald’s, Yum Brands, Carlyle Group, CITIC