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McDonald's to Reduce Stake in Japan Unit to 35 Pct

McDonald's to Reduce Stake in Japan Unit to 35 Pct

   Chicago, July 28 (Jiji Press)--McDonald's Corp. said Tuesday that it will sell some of its holdings of shares in its Japanese unit, McDonald's Holdings Co. (Japan) <2702> Ltd.
   The U.S. fast food giant will lower its stake from some 50 pct to around 35 pct, McDonald's Chief Financial Officer Kevin Ozan said during a telephone briefing on the company's April-June earnings results.

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