TODAY'S MARKET INTELLIGENCE
Shanghai Jahwa to sell 19% stakes in Sephora Shanghai and Beijing for EUR 70 million
English summary
Shanghai Jahwa announced plans to sell its 19% stakes in Sephora Shanghai and Sephora Beijing to Sephora Asia for EUR 70 million (approximately RMB 555 million). The transaction has been approved by the board and is subject to shareholder approval and foreign exchange registration.
The English text is machine translated and may require verification against the Chinese version.
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