CITIC Capital bidding for 22% McDonald's China stake

CITIC Capital bidding for 22% McDonald's China stake

Customers are seen through the windows of a McDonald's store (top) in Tokyo, while others stand in line in front of cash registers, July 22, 2014. REUTERS/Yuya Shino/File Photo

Chinese private equity firm CITIC Capital is actively bidding for a 22% stake in McDonald’s Corp’s mainland China and Hong Kong businesses, its chairman and chief executive told Reuters on Thursday.