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retail stores

China’s Wumart closes $374m deal with Thailand’s CP Group

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China's retail chain Wumart Stores Inc will acquire a bulk of CP Group's stores in mainland China and take a stake in one of...
CVC to cash in on Indonesia investment

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UK-based investment firm CVC Capital Partners intends to sell a 40 per cent stake in Indonesia’s largest department store operator Matahari, according to a...