Grupo Sanborns, a retail stores operator owned by Mexican billionaire Carlos Slim, announced on Monday that it has reached an agreement to buy an 18.27% stake in Chinese budget household and consumer good retailer MINISO Co. The deal will bring Grupo Sanborns’ total interest in the firm to 33.27%, adding on its previous investment in […]

Mexico’s Grupo Sanborns Invests In Tencent-Backed Chinese Dime Store Chain MINISO comes originally from China Money Network. All Rights Reserved.