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Consulting Firm Files Complaint Over McDonald’s Corp.’s Sale of China Stake

By Coco Feng
A Chinese labor advocacy group has filed a complaint against McDonald's Corp.'s planned sale of its stores in China, saying workers are likely to see worse conditions under new ownership. Photo: Visual China
A Chinese labor advocacy group has filed a complaint against McDonald's Corp.'s planned sale of its stores in China, saying workers are likely to see worse conditions under new ownership. Photo: Visual China

(Beijing) — A Chinese consulting firm has filed complaints to government authorities over McDonald’s sale of its China operations, arguing that the deal might affect the interests of existing franchises.

McDonald’s last month announced plans to sell 80% of its stake in its China operations, plus 20-year franchise rights, to state-backed Citic Ltd. and Citic Capital, and U.S. private equity fund Carlyle Group.

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