KM Financial Solutions | Suning’s affiliate plans share issue, to buy Suning’s supermarket unit
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Suning’s affiliate plans share issue, to buy Suning’s supermarket unit

Suning’s affiliate plans share issue, to buy Suning’s supermarket unit

Suning.com said its affiliate
Suning Smart Life plans to raise $250 million through a share
issue, and that it has agreed to sell its supermarket unit to
Suning Smart Life for 745.4 million yuan ($108 million).

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