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M&A
Lotte Shopping wins Chinese retailer Times
Korean retail chain Lotte secures Chinese supermarket and discount store operator Times with an aggressive $629 million all-cash bid that includes a general offer to minority ...
By Sameera Anand | 21 October 2009
M&A
TPG and Legend Holdings buy stake in Chinese retailer Wumart
Private equity firm Texas Pacific Group and China's Legend Holdings have agreed to invest $213 million for an 11% stake in Hong Kong-listed Wumart Stores.
By Sameera Anand | 13 August 2009
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