Friday, October 23, 2020

Alibaba is investing $3.6B in Sun Art Retail Group, which operates 484 hypermarkets across China, to double its effective stake in the company to 72% (Yujing Liu/South China Morning Post)

Yujing Liu / South China Morning Post:
Alibaba is investing $3.6B in Sun Art Retail Group, which operates 484 hypermarkets across China, to double its effective stake in the company to 72%  —  Alibaba will double its effective stake in Hong Kong-listed Sun Art Retail Group with a deal with Mulliez family's Auchan Holding Deal …



at
Labels:

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

Mark Zuckerberg lamented the rise of "culturally neutered" companies that have sought to distance themselves from "masculine energy" (Riley Griffin/Bloomberg)

Riley Griffin / Bloomberg : Mark Zuckerberg lamented the rise of “culturally neutered” companies that have sought to distance themselves ...