Chinese property firm Xiamen C&D eyes 30% in home decor mall operator Red Star Macalline

Chinese property firm Xiamen C&D eyes 30% in home decor mall operator Red Star Macalline

Photographer: SeongJoon Cho /Bloomberg

Chinese property and logistics firm Xiamen C&D Inc said on Friday it plans to acquire a 30% stake in home furnishings store operator Red Star Macalline Group in a deal worth up to 6.3 billion yuan ($938 million).

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