Superstores: Miniso to acquire 29.4 percent of Yonghui Superstores

read the original version on: www.retailnews.asia Miniso Group Holding will acquire 29.4 percent of Yonghui Superstores from various shareholders for RMB6.3 billion (US$893.3 million). Miniso, through its PRC subsidiary Guangdong Juncai International Trading, entered into share purchase agreements with DFI Retail Group subsidiary The Dairy Farm Company and JD.com subsidiaries Beijing Jingdong Century Trade and Suqian Hanbang Investment Management. The transaction will result in Miniso [...] The post Miniso to acquire 29.4 percent of Yonghui Superstores appeared first on Retail News Asia.