The McDonald’s Corporation has received several bids for its plans to open up stores in China and Hong Kong, which could amount to a total sum of $3 billion reports Reuters.
The US fast food corporation announced that it planned to reorganise its operations in Asia by seeking joint ventures with local partners who would own restaurants within a franchise business.
The McDonald’s cooperation recently hired Morgan Stanley to run the sale of approximately 2,600 restaurants in China, Hong-Kong and South Korea.
The US fast food corporation announced that it planned to reorganise its operations in Asia by seeking joint ventures with local partners who would own restaurants within a franchise business.
The McDonald’s cooperation recently hired Morgan Stanley to run the sale of approximately 2,600 restaurants in China, Hong-Kong and South Korea.