The deal between Alibaba and Chinese private-equity firm DCP Capital was reached on the last day of 2024, involving the disposal of the Hangzhou-based company’s interest in Sun Art at HK$1.75 ...

Alibaba Group Holding Ltd. agreed to sell its shares in Sun Art Retail Group Ltd. to private equity firm DCP Capital, unloading another high-profile physical commerce asset at a discount to focus ...

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 for HK$12.298 ...

BEIJING, Jan 1 (Reuters) - China's Alibaba Group Holding Ltd (9988.HK), opens new tab said on Wednesday it had agreed to sell its majority stake in hypermarket chain Sun Art Retail Group to ...

Alibaba will incur about $3 billion of losses from the disposal of non-core retail assets including Sun Art, we calculate. The sale of the grocer at a 0.6x price-to-net asset valuation trails ...

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 ...

Sun Art Retail Group (HK:6808) has released an update. Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks Make smarter investments with ...

Dec. 19, 2024 — Scientist have begun to reveal the particle-level processes that create the type of auroras that dance rapidly across the sky. The Kinetic-scale Energy and momentum Transport ...

This transaction allows the purchaser to acquire a significant stake, potentially leading to mandatory general offers for Sun Art’s remaining shares. The deal, valued at HK$11,637 million ...

Local, state, and federal officials will team with the NFL to enhance their safety plans for one of the year’s most anticipated and heavily attended events. ‘Allah turned some of them into monkeys, ...

Yes, there are cult-favorite crayons, and yes there’s more than ... making it perfect for toddlers just getting into art. … The water-based formula is eco-friendly, so I can support their ...