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(Reuters) – Carlyle Group (NASDAQ:CG) Inc and Trustar Capital are planning to raise $4 billion from funds including GIC Pte to buy part of their stakes in McDonald’s Corp (NYSE:MCD) operations in Hong Kong and mainland China, Bloomberg News reported on Wednesday.
The move would provide a partial exit for the buyout firms after they bought the business six years ago, according to the report, citing people familiar with the matter.
