Suning buys controlling stake in Carrefour China | |||||||||||
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//english.dbw.cn 2019-06-24 12:59:42 |
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Chinese retailer giant Suning.com announced Sunday that it had signed an agreement to buy a controlling stake in Carrefour China. Suning International Group Co., Ltd., a wholly-owned subsidiary of Suning.com, will invest 4.8 billion yuan (about 700 million U.S. dollars) to buy an 80 percent equity interest in Carrefour China, according to an announcement released by Suning.com. |
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Author: Source:xinhua Editor:Yang Fan |