date:Aug 12, 2014
s an attractive way to do that.
Dairy Farm, which runs more than 5,800 supermarkets and health and beauty stores as well as other retail outlets across Asia, will also collaborate Yonghui in areas including procurement, fresh food processing and store development, according to the statement. Yonghui Superstores operated 288 hypermarkets and supermarkets across 17 provinces as of end-2013, it added.
The deal is Dairy Farms largest acquisition ever, according to data compiled by Bloomberg. Fujia