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McDonald’s Looks to Sell Part of Stake in Japan Business

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NewsHubMcDonald’s Corp. is inviting bids for a significant stake in its Japan unit, according to people familiar with the situation, days after it reached a deal to sell its China and Hong Kong franchises.
The Oak Brook, Ill.-based fast-food giant owns through subsidiaries just under 50% of the unit, which is listed on the Tokyo Stock Exchange and has a market capitalization of around $3.

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