Sanborns Group purchases 33% of Miniso in Mexico
Source:El Universal
From:Taiwan Trade Center Mexico
Update Time:2019/09/05
Carlos Slim, through Grupo Sanborns, will increase his participation in the social capital of the company Miniso, according to the communication of the Mexican firm in a release sent to the Mexican Stock Exchange (BMV).
“Sanborns informs the investor public that it has reached a definitive agreement to subscribe in this same date an increase of capital in Miniso BF Holding, representative of the 18,272% of the social capital of the latter,” pointed the enterprise.
The company added that subject the conclusion of the respective contracts, the participation of Grupo Sanborns in Miniso will increase in the coming days through the purchase of shares.
Sanborns will reach a total participation percentage of 33.27% of Miniso´s social capital, pointed out the company.
Source:https://www.eluniversal.com.mx/