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Deals Rumor Mill: McDonald's, BP, Apollo Global

By Benjamin Horney (September 15, 2016, 6:25 PM EDT) -- McDonald's Corp. is nearing the finish line in its quest to sell its China and Hong Kong outlets, with final bids having been put in by The Carlyle Group LP and TPG Capital, according to a report from Dow Jones on Thursday. According to the report, both private equity giants have partnered with Chinese partners to make their offers, and a deal could wind up being worth as much as $3 billion. Carlyle is teaming with CITIC Group and TPG has joined forces with Wumart Stores, the report added. Real estate company Sanpower Group is also still in the running, the report noted....

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