The Dairy Farm Company acquires 286,934,440 shares in Yonghui Superstores Co., Ltd for US$190 million

Hong Kong, 2016-Aug-16 — /EPR Retail News/ —  Dairy Farm International Holdings Limited today announced that its wholly-owned subsidiary, The Dairy Farm Company, Limited, has completed the acquisition of a further 286,934,440 shares in Yonghui Superstores Co., Ltd (‘Yonghui’) for a consideration of approximately US$190 million. The acquisition, which is alongside an acquisition by JD.com […]

The Dairy Farm Company to acquire further 143,467,220 shares in Yonghui Superstores Co., Limited for US$210 million

HONG KONG, 2015-8-10— /EPR Retail News/ — Dairy Farm International Holdings Limited today announced that its wholly-owned subsidiary, The Dairy Farm Company, Limited (‘DFCL’), has agreed to acquire a further 143,467,220 shares in a placement by Yonghui Superstores Co., Limited (‘Yonghui’) for a consideration of approximately US$210 million. The investment by DFCL is being made […]