Alibaba To Divest 1 6 Billion Stake In Sun Art To Dcp Capital

Alibaba Sells 78.7% Stake in Sun Art Retail to DCP Capital for $1.58 Billion

By Tehniyat Zafar ⏐ 6 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

Alibaba Group Holding Ltd. has reached an agreement to sell its majority stake in Sun Art Retail Group, one of China’s leading hypermarket chains, to…

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