Alibaba to Take Control of Grocer Sun Art for $3.6 Billion
2020 年 10 月 19 日
Will invest about $3.6 billion to double its stake in Sun Art Retail Group Ltd., taking control of One of China’s largest hypermarts to try and fend off rivals like JD.com Inc … Alibaba will raise its direct and indirect stake in the grocery chain to about 72% by acquiring Equity from Auchan Retail International SA, then make a general offer to shareholders to Buy out the rest of Sun Art … Alibaba was among the pioneers in that arena, announcing in 2017 it would spend about $2.9 billion for a 36% stake in Sun Art.
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