Linklaters is advising Hong Kong-based retail giant Dairy Farm International Holdings Ltd. on a $925 million investment in China’s Yonghui Superstores Co.

Dairy Farm, acting through a subsidiary, is buying a 19.9 percent stake in Fuzhou-based supermarket operator Yonghui. According to its website, Shanghai-listed Yonghui currently has 300 chain supermarkets in 17 Chinese provinces and municipalities.

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