Dairy Farm International Holdings Ltd. announced that its acquisition of 19.99% stake in Yonghui Supermarket officially obtained regulatory approvals in China. In August 2014, Dairy Farm International and Yonghui Supermarket signed an acquisition agreement, under which Dairy Farm International would purchase 813 million Yonghui shares at the price of CNY7 per share. With the acquisition, […]


Visit the original source and full text: ChinaRetailNews.com