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 ...