China Resources Vanguard Acquires Wuxi Yong’an Supermarket
Source: http://www.chinaretailnews.com/2009/05/14/2653-china-resources-vanguard-acquires-wuxi-yongan-supermarket/Posted on Wednesday, May 13th, 2009 | In China, Market Commentary
Contributed by: China Retail News (http://ChinaRetailNews.com) -
China Resources Vanguard has announced that it has formally acquired the Wuxi-based supermarket chain Yong’an.
China Resources Vanguard started discussions with Yong’an Supermarket about the acquisition at the beginning of 2008. In April 2009, the two sides signed an agreement, which said China Resources Vanguard would purchase Yong’an Supermarket by asset acquisition.
On the completion of this [...]
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