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Announced

Completed

DCP Capital completed the acquisition of an 78.7% stake in Sun Art Retail Group from Alibaba Group for $1.7bn.

Synopsis

DCP Capital, a private equity firm, completed the acquisition of an 78.7% stake in Sun Art Retail Group, a supermarket company, from Alibaba Group, a Chinese multinational technology company, for $1.6bn.

Principals

Sun Art Retail Group

target

Sun Art Retail Group

Dcp Capital Partners

bidder

Dcp Capital Partners

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MergerLinks - DCP Capital completed the acquisition of an 78.7% stake in Sun Art Retail Group from Alibaba Group for $1.7bn.