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McDonald’s increases minority stake in China business

Customers wait for their takeout food outside a McDonald's restaurant during the May Day holiday on May 1, 2022 in Beijing, China.VCG | Getty ImagesMcDonald's is buying Carlyle's stake in its China business, increasing its minority share from 20% to 48% ownership.The fast-food giant sold off control of its restaurants in mainland China, Hong Kong and Macau in 2017 for $2.1 billion. It was part of McDonald's broader strategy to own fewer restaurants, leaving it to franchisees with knowledge of local markets to run their…

Qatari Fund Is in Talks to Buy Minority Stake in Washington Wizards, Capitals and Mystics

The move would add to the influx of money from the Gulf region reshaping professional sports across the globe. The move would add to the influx of money from the Gulf region reshaping professional sports across the globe. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors.…

Silver Lake acquisition: Silver Lake acquires minority stake in cloud software maker TeamSystem for $660 million

Italian cloud software maker TeamSystem said on Friday that private equity firm Silver Lake has agreed to acquire a minority stake in the company from Hellman & Friedman (H&F).The investment is worth €600 million ($660.48 million), TeamSystem said in a statement, adding that H&F will remain the majority shareholder after the transaction closes. TeamSystem, founded in 1979, provides accounting, payroll and business management software for small and medium-sized enterprises. Reuters reported in January that…

coca cola: Coca-Cola set to buy minority stake in Thrive

Beverage maker Coca-Cola is set to acquire a minority stake in online food ordering platform Thrive, a food search and delivery platform which has partnerships with over 5,500 restaurants and directly competes with Swiggy and Zomato.This will be Coca-Cola’s first investment in a startup in India, executives directly aware of the development said. But they couldn’t put a figure on the size of the deal.“The strategic investment will give Coca-Cola a distinct edge over rivals, as it will push consumers to order only…

Oando’s core investor set to take company private, offers minority shareholders 58% premium

Ocean and Oil Development Partners Limited (OODP), the core shareholder of Oando Plc, is taking the energy firm private more than three decades after the driller listed in Lagos as a public firm. Wale Tinubu, Oando’s chief executive officer, holds a 66.7 per cent stake in OODP, where he is a non-executive director, while his deputy Omamofe Boyo, owns the remaining 33.3 per cent. Mr Boye is also a non-executive director at OODP. Oando said in a Thursday statement it is in receipt of an offer from its majority…

Sexual minority families fare as well as—and in some ways better than—’traditional’ ones, finds pooled data analysis

Credit: Unsplash/CC0 Public Domain Sexual minority families—where parental sexual orientation or gender identity is considered outside cultural, societal, or physiological norms—fare as well as or better than "traditional" families with parents of the opposite sex, finds a pooled data analysis of the available evidence, published in the open access journal BMJ Global Health.

Ethnic minority parents want customized advice, research shows

Credit: Pixabay/CC0 Public Domain Over the last decade, parents have become increasingly aware of the importance of a child's physical and mental development in their early years. As a result, there has been a significant rise in parents' demand for evidence-based knowledge of child-rearing. However, few studies have focused on the