Looking to keep warm and have fun? Check out the Foo Fighters tribute in Canton, a Vincent Price movie marathon in Minerva, ...

Alibaba will sell its 78.7% stake in Sun Art Retail Group to DCP Capital for $1.58 billion, as part of its strategy to focus on core e-commerce operations. Branded prescription drug prices are ...

This transaction allows the purchaser to acquire a significant stake, potentially leading to mandatory general offers for Sun Art’s remaining shares. The deal, valued at HK$11,637 million ...

ALBAWABA – Alibaba, the Chinese multinational technology company specializing in e-commerce, retail, Internet, and technology, announced selling its shares in Sun Art, a leading retailer with ...

Chinese e-commerce major Alibaba Group has agreed to divest its interest in the Sun Art Retail Group, a hypermarket operator, to Paragon Shine for K$12.29bn ($1.58bn). The buyer is an exempt ...

Alibaba Group Holding Ltd. agreed to sell its shares in Sun Art Retail Group Ltd. to private equity firm DCP Capital, unloading another high-profile physical commerce asset at a discount to focus ...

Alibaba will incur about $3 billion of losses from the disposal of non-core retail assets including Sun Art, we calculate. The sale of the grocer at a 0.6x price-to-net asset valuation trails ...

On December 31, Alibaba Group announced that it would sell its stake in Sun Art Retail Group, China’s largest hypermarket operator. The Alibaba Group and DCP, a Chinese private equity firm ...

(Yicai) Jan. 2 -- Alibaba Group Holding is offloading its entire stake in Sun Art Retail, the operator of hypermarket chain RT-Mart, to Chinese private equity firm DCP Capital for HKD13.1 billion ...

The deal between Alibaba and Chinese private-equity firm DCP Capital was reached on the last day of 2024, involving the disposal of the Hangzhou-based company’s interest in Sun Art at HK$1.75 ...

BEIJING, Jan 1 (Reuters) - China's Alibaba Group Holding Ltd (9988.HK), opens new tab said on Wednesday it had agreed to sell its majority stake in hypermarket chain Sun Art Retail Group to ...

China’s Alibaba Group Holding Ltd. BABAF said on Wednesday it had agreed to sell its majority stake in hypermarket chain Sun Art Retail Group Ltd. to Chinese private equity firm DCP Capital for ...