Kaye Wiggins

US private equity investor Carlyle Group is set to earn a large windfall from its sale of a minority stake in the Chinese operations of McDonald’s, marking a rare dealmaking success in the region amid mounting geopolitical tensions. The fast-food restaurant group said it would buy Carlyle’s 28 per cent stake in its Chinese operations, which also span Hong Kong and Macau, in order to rebuild exposure to what has become the restaurant group’s fastest-growing region. Carlyle has calculated that the deal will make investors more than six times their money, before fees, one of the people said.

Hong Kong’s struggling markets could spell trouble for the Asian finance hub

Hong Kong's struggling markets could spell trouble for the Asian finance hub Jump to comments section Unlock the Editor's Digest for free

International investors’ hopes of recovery from indebted developer depend on mainland Chinese co-operation

International investors’ hopes of recovery from the indebted developer depend on courts not in Hong Kong, but across the border in mainland China.

Revived plan follows years of internal discord over whether CVC Capital Partners should list

UBS is in advanced talks to sell Credit Suisse’s China securities unit to a Beijing state-backed fund, in a blow to Ken Griffin’s Citadel Securities...

After more than 10 months of preparation, the Italian footwear brand was seeking to raise about $966 million in a Milan listing as early as Friday. Then something went wrong.

Former Segantii employee Robert Gagliardi says SEC does not plan action against him

Filings to Hong Kong court accuse Big Four auditor of ‘negligence’ in its work for collapsed Chinese property group