Tag: Rakuten DX
KKR, Rakuten to acquire most of Walmart’s stake in Japanese supermarket chain Seiyu
Walmart announced today it will sell most of its shares in Seiyu, the Japanese supermarket chain it acquired 12 years ago, to KKR and Rakuten. The deal values Seiyu at about $1.6 billion and means Walmart will almost completely exit its operations in Japan. Under the agreement, investment firm KKR…
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