DCP Dixit Gedam has spoken to the media and updated them on this matter. He said that one accused has been identified. He said, "It has been discovered that the accused used the fire escape to ...
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China's Alibaba Group Holding Ltd said on Wednesday it had agreed to sell its majority stake in hypermarket chain Sun Art Retail Group to Chinese private equity firm DCP Capital ... $3.6 billion ...
BEIJING (Reuters) - China's Alibaba Group Holding Ltd said on Wednesday it had agreed to sell its majority stake in hypermarket chain Sun Art Retail Group to Chinese private equity firm DCP ...
Alibaba paid $3.6 billion for a controlling stake in Sun Art in 2020 in the hope of further leveraging its digital presence to support Sun Art's hundreds of hypermarkets in China. The disposal of ...
Alibaba Group Holding Ltd. has agreed to sell its over 70% stake in Sun Art Retail Group Ltd. to private equity firm DCP Capital for up to $1.6 billion. The sale marks a significant retreat from ...
to private equity firm DCP Capital (德弘資本), unloading another high-profile physical commerce asset to focus on its core online business. China’s e-commerce pioneer said it could receive gross proceeds ...
Alibaba Group Holding Ltd. agreed to sell its shares in Sun Art Retail Group Ltd. to private equity firm DCP Capital ... of up to HK$12.3 billion ($1.6 billion) from selling its more than 70% ...
Alibaba (BABA) has agreed to sell its stake in Sun Art Retail to private equity firm DCP for about $1.6B, after paying roughly $3.6B in 2020 to double the stake to over 70%, as it focuses on its ...
BEIJING (Reuters) -- China's Alibaba Group Holding said on Wednesday it had agreed to sell its majority stake in hypermarket chain Sun Art Retail Group to Chinese private equity firm DCP Capital ...