Alibaba to Sell Majority Stake in Sun Art
Alibaba Group Holding Ltd. (HK:9988) has released an update. Don’t Miss Our New Year’s Offers: Alibaba Group Holding Ltd. is set to sell its 73.66% stake in Sun Art Retail Group through a Share Purchase Agreement (SPA) with a purchaser, which will result in the purchaser holding approximately 78.70% of Sun Art’s shares. This transaction