The State Administration for Market Regulation unconditionally approved the acquisition of Intime Department Store shares by Youngor Group and others
According to Jinshi Data on February 17, the State Administration for Market Regulation disclosed the unconditional approval of operator concentration cases from February 5 to February 9, 2025, among which Youngor Group (Ningbo) Co., Ltd. and Hangzhou Zhenyi Commercial Management Co., Ltd. were approved for the acquisition of equity in Intime Commercial (Group) Co., Ltd. and another company