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Spain's DIA Announces Completion Of Sale Of Chinese Assets

Published on Aug 13 2018 9:59 AM in Retail tagged: Featured Post / China / Spain / Dia / Paywall / Nanjing Suning.Com / Suning Group

Spain's DIA Announces Completion Of Sale Of Chinese Assets

Spanish retailer DIA has announced the completion of the sale of its China-based affiliates, Shanghai Dia Retail and DIA (Shanghai) Management Consulting Services, to Nanjing Suning.Com Supermarket Ltd.

In a statement, the retailer said that the sale of 100% of the shares in its businesses has now been formally sold to Nanjing Suning.Com, having cleared the relevant antitrust and regulatory hurdles.

Formal Exit

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