Chinese firm eyes stake in home decor mall operator Red Star Macalline
BEIJING/HONG KONG (Reuters) -Chinese property and logistics firm Xiamen C&D Inc said on Friday it plans to acquire a 30% stake in home furnishings store operator Red Star Macalline Group in a deal worth up to 6.3 billion yuan ($938 million). Xiamen C&D said the purchase of a 29.95% stake from Red Star Macalline Holding …
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