ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

McDonald's eyes sale of partial stake in troubled Japanese arm

Food safety scandals have stained McDonald's image in Japan.

NEW YORK -- McDonald's has begun sounding out investors on selling a portion of the American fast-food titan's stake in its Japanese arm, aiming to use outside capital and expertise to revive the foundering business.

     An executive recently traveled to Japan to talk with five or so potential buyers, including trading houses and investment funds. The company, which owns about half of McDonald's Holdings Co. (Japan), proposed unloading 15-33% of outstanding shares. It expects to gain around 100 billion yen ($817 million) from a sale.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more