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Suning To Buy 27.36% Shares Of Japan’s Laox
China Retail News (June 30th, 2009) Writes:
Chinese electronics retailer Suning has confirmed that the company will buy 66.67 million shares from the Japanese electronics retailer Laox at a price of JPY12 per share.
This is the first time that a Chinese company will acquire a Japanese listed company and it is the first time for a Chinese home appliances chain to enter [...]
Tags for this Post:
China, electronics retailer, Hong Kong, Japan, Japan, Jpy, Laox, Market Commentary, Suning, The Macro Trader
China, electronics retailer, Hong Kong, Japan, Japan, Jpy, Laox, Market Commentary, Suning, The Macro Trader
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