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Carlyle, TPG form separate teams to bid for McDonald's North Asia stores: sources

HONG KONG (Reuters) - Private equity firms Carlyle Group and TPG Capital have teamed up with two separate Chinese state companies to bid for McDonald's outlets in China and Hong Kong in a deal worth between $2 billion and $3 billion, four people familiar with the matter said.

Carlyle, TPG form separate teams to bid for McDonald's North Asia stores: sources
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