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Tag: Yonghui Superstores Co. Ltd

Dairy Farm’s acquisition of 19.99% in Shanghai-listed Yonghui Superstores Co., Ltd received approval of China Securities Regulatory Commission

HONG KONG, 2015-3-13 — /EPR Retail News/ — Dairy Farm International Holdings Limited announced on 11th August 2014 that its wholly-owned subsidiary, The Dairy Farm Company, Limited, had entered into a conditional agreement to acquire a 19.99% interest in Shanghai-listed Yonghui Superstores Co., Ltd for a consideration of RMB5.69 billion (currently approximately US$908 million). The…

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