Alibaba plans to sell 100% equity of Intime to Yagor Group and others for 7.4 billion yuan, with an expected loss of approximately 9.3 billion yuan
老蟹2017
发表于 2024-12-17 13:03:39
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On December 17th, Alibaba announced on the Hong Kong Stock Exchange that the company and another minority shareholder have agreed to sell 100% of the equity of Intime to a consortium of buyers composed of members of the Yagor Group and Intime management team. Yintai is one of the leading department stores in China. Alibaba currently holds approximately 99% of the equity of Intime. The total proceeds from Alibaba's sale of Intime amounted to approximately RMB 7.4 billion (USD 1 billion). Alibaba expects to record a loss of approximately RMB 9.3 billion (USD 1.3 billion) due to the sale of Intime. The completion of the sale of Intime requires the review of concentration of Chinese operators and other customary delivery conditions.
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声明:该文观点仅代表作者本人,本文不代表CandyLake.com立场,且不构成建议,请谨慎对待。
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