Li Ning is selling 25 percent direct stake in his...

2012-10-29T00:00:00

Li Ning is selling 25 percent direct stake in his eponymous firm to Viva China Holdings, a company in which his family has a 56 percent stake, for HK$1.36 billion (€135.6m-$175.4), but the shares will technically remain inside the family. The sum will be paid by Viva China to buy ...

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