Walmart Sells Majority Stake in Seiyu, Nearly Exiting Japan After Stiff Competition

KKR will buy 65% of Seiyu while Rakuten, which already has an online venture with the chain, will acquire a 20% stake. Walmart will retain 15%, the companies said in a joint statement on Monday.

from Top Business News- News18.com https://ift.tt/3lMTGKM

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