• Mon, Jan. 9, 2:03 AM
    • McDonald's (NYSE:MCD) has entered an agreement to sell 80% of its 2,200 stores in China and Hong Kong to a consortium including Citic (OTCPK:CTPCY) and Carlyle Group (NASDAQ:CG).
    • It decided to keep a minority stake to benefit from exposure to future growth, a source told Reuters.
    • The deal, which includes 20-year mass franchise rights, will value the business at as much as $2.08B and likely help McDonald's trim its overall operational costs and preserve capital.
    Mon, Jan. 9, 2:03 AM | 11 Comments
  • Dec. 6, 2016, 5:15 AM
    • McDonald's (NYSE:MCD) is looking to raise $1B-$2B with the sale of its China and Hong Kong stores after the U.S. fast-food chain decided to keep "a significant minority stake in the business," Reuters reports.
    • The company picked a consortium led by Carlyle Group (NASDAQ:CG) and Chinese conglomerate Citic Group to buy the outlets, but its decision lowered the price tag for the stores from an expected $3B.
    Dec. 6, 2016, 5:15 AM
  • Sep. 26, 2016, 3:09 AM
    • A consortium formed by KG Group and NHN Entertainment (OTC:NHNEF) has dropped its bid for acquiring McDonald's Korea (NYSE:MCD), Money Today reports.
    • Recently, CJ Group dropped out of the race as well, leaving a consortium formed by Carlyle Group (NASDAQ:CG) and Maeil Dairies as the preferred bidder.
    • Carlyle has also submitted bids for McDonald's in China and Hong Kong - a deal expected to fetch around $3B.
    Sep. 26, 2016, 3:09 AM
  • Sep. 2, 2016, 3:29 AM
    • South Korea's Maeil Dairy Industry is considering a bid for acquiring McDonald's (NYSE:MCD) South Korean operations in partnership with the Carlyle Group (NASDAQ:CG).
    • According to investment banking sources, a sale could be worth up to 600B won ($535M).
    • Carlyle has also teamed up to bid for McDonald's outlets in China and Hong Kong in a deal worth between $2B-$3B.
    Sep. 2, 2016, 3:29 AM | 2 Comments
  • Feb. 14, 2015, 10:13 AM
    • Craft soda is starting to become a trend to watch closely, according to industry insiders.
    • Though still accounting for only ~1% of the total U.S. soda market, major retail chains have increasingly been willing to bet on local craft brands in store aisles.
    • The craft craze is old news for the beer industry where coming-of-age millennials buy craft/local beers at a 50% higher rate than brand-loyal older generations. Fading stars such as Budweiser and Bud Light are testament to the impact of the millennial paradigm.
    • The craft influence in coffee hasn't been lost on Starbucks which has strategically deployed trucks on college campuses in an effort to win over students.
    • Despite the progressive reputation of Starbucks, analysts think new upstarts such as Craft (subscription) and Cups (app) have a shot of gaining influence with the Indie-minded millennial crowd on "customization" and pricing.
    • What to watch: An increase in M&A activity in the beverage sector is expected as major companies strategically pick off more local craft brands to incubate.
    • Craft coffee watch: GMCR, SBUX, JVA, SJM, KRFT, DNKN, QSR, MCD.
    • Craft soda watch: PEP, KO, MNST, COT, DPS, OTCQB:JSDA, REED, SODA,  FIZZ.
    Feb. 14, 2015, 10:13 AM | 24 Comments