Cowin Capital To Fully Exit Guangxi Nancheng Department Store

Login to View

Shenzhen Cowin Capital is to make a full exit from Guangxi Nancheng Department Store via a strategic sale, as Hunan province-based supermarket and mall operator Better-Life Commercial Chain Share Co., Ltd. agreed to acquire the investment firm’s remaining 2.32% stake for around RMB36.5 million, according to a regulatory filing.

The sale, initially announced in May 2014, would see Better-Life acquiring 100% stake in Guangxi Nancheng with a combination of shares and cash.

China Money Network

UNLOCK DATA
Subscribe & Access the Best Data and Intelligence on Chinese Venture Capital and Tech


Register Now

Want to read this important story?

Access thousands of news articles and data posts over the past 9 years!


Already have an account or paid subscription? Log in

Caishen.Co - Primary Data for China Secondary Investment and Stock Markets

RELATED NEWS



LEAVE A REPLY