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City'super news

16 March 2020
The sale of a majority stake in Hong Kong-based supermarket chain City’super has attracted interest from CR Vanguard and Yonghui, Bloomberg reports. Hong Kong's landscape may consolidate Earlier this year , Bloomberg reported that Fenix Group was looking for potential buyers to sell its majority stake in City Super Group. The first-round of bids could be as soon as later this month. CR ...
13 January 2020
The Fenix Group may sell its majority stake in City Super Group. Potential ownership change According to Bloomberg, Fenix’s stake in City Super could be worth between US$300m and US$400m. It may decide, however, to retain some ownership of the business. More about City Super Group City Super Group was established in 1996. It operates in Hong Kong, Shanghai and Taiwan. The business is ...