Hong Kong-headquartered pan-Asian supermarkets and convenience stores operator Dairy Farm International Holdings Ltd. is planning to acquire a 20% stake in China's Yonghui Superstores Co. for RMB5.69 billion (US$925 million) in a move to tap China’s expanding consumer market, according to a securities filing submitted by Yonghui Superstores. Yonghui Superstores, a Shanghai-listed operator of 288 […]
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