Kingfisher is selling a controlling stake in its lossmaking B&Q China business in a £140m cash deal, the latest in a string of reversals for foreign retailers that has seen the departure of brands including Best Buy and Home Depot from the mainland market.
翠丰集团(Kingfisher)将以1.4亿英镑出售旗下亏损的百安居manbetx3.0 (B&Q China)的控股股权。继百思买(Best Buy)、家得宝(Home Depot)等品牌接连退出manbetx3.0 内地市场后,翠丰集团成为又一个撤退的外国零售商。
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