A new year means a new slate of arts and crafts festivals throughout Central Florida, starting Saturday with the annual Lake Sumter Landing Art and Craft Festival. Some clouds in the morning will give ...
Saqqara, located in the ancient city of Memphis, acts as an “open-air museum” because of the rich history on its soil, according to the Egyptian Ministry of Tourism and Antiquities.
ALIBABA Group Holding agreed to sell its shares in Sun Art Retail Group to private equity firm DCP Capital, unloading another high-profile physical commerce asset at a discount to focus on its core ...
NASA’s Parker Solar Probe skimmed the sun on Christmas Eve and lived to tell the tale. The heat-hardened spacecraft made its closest solar flyby yet at 6:53 a.m. EST on December 24. It came ...
That’s significantly less than the $3.6 billion Alibaba paid just to double its stake in Sun Art in 2020, and falls far short of Sun Art’s 2024 market value of about $3 billion. The Chinese ...
This transaction allows the purchaser to acquire a significant stake, potentially leading to mandatory general offers for Sun Art’s remaining shares. The deal, valued at HK$11,637 million ...
ALBAWABA – Alibaba, the Chinese multinational technology company specializing in e-commerce, retail, Internet, and technology, announced selling its shares in Sun Art, a leading retailer with ...
Alibaba Group Holding Ltd. agreed to sell its shares in Sun Art Retail Group Ltd. to private equity firm DCP Capital, unloading another high-profile physical commerce asset at a discount to focus ...
Alibaba Group Holding Ltd., one of China's leading e-commerce giants, announced its agreement to sell a majority stake in Sun Art Retail Group to private equity firm DCP Capital for HK$12.298 billion ...
China's Alibaba Group Holding Ltd said on Wednesday it had agreed to sell its majority stake in hypermarket chain Sun Art Retail Group to Chinese private equity firm DCP Capital for HK$12.298 ...
Alibaba will incur about $3 billion of losses from the disposal of non-core retail assets including Sun Art, we calculate. The sale of the grocer at a 0.6x price-to-net asset valuation trails ...