Vietnam said Wednesday it would sell a majority stake in the country’s largest state-owned brewer next month but limit foreign ownership to 49 percent, as the government seeks to pay off public debt. The long-delayed sale shares in Sabeco, the leading brewer…
The new Suning-Inter Milan deal marks just the first step in a far greater ambition for Chinese retail giant Suning, which plans to run a global sports empire including online broadcasting. Suning and Inter Milan are scheduled to make an announcement in…
LVMH and Stanley Ho have reportedly bought their stakes in luxurious Chinese language shopping center L’Avenue Shanghai to non-public fairness investor Blackstone. In line with Chinese language media reviews over the weekend, Ho’s STDM enterprise, which owned…