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| Thursday, December 04, 2008 00:31:01 |
Gome acquires 10.7% stake in Shandong counterpart
Gome Electrical Appliance Holdings, China’s largest white goods retailer, has paid US$76.13 million (RMB541 million) for a 10.7% stake in Sanlian Commerce Co, a major white goods retailer based in Shandong province, the Oriental Morning Post reported. Shanghai-listed Sanlian closed up 10% Tuesday – ...
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