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Menlo Buys Shanghai's Chic Logistics

Aggregated Source: ChinaRetailNews.com
September 13, 2007|

Menlo Worldwide has announced the signing of a definitive agreement to purchase Chic Holdings Ltd. and its wholly owned subsidiaries Shanghai Chic Logistics Company and Shanghai Chic Supply Chain Management Company for US$60 million plus an undisclosed future earn-out incentive based on its performance. Headquartered in Shanghai, Chic Logistics is a provider of domestic third-party logistics [...]

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