Walmart is selling the bulk of its stake in Seiyu, the Japanese supermarket chain. The deal values Seiyu at $1.6 billion.

Business Insider

16 Nov 2020 0 shares 1 views

Business Insider

Published 16 Nov 2020

Walmart is selling a majority stake in Seiyu to KKR and a minority stake to Rakuten. Walmart will also retain a 15% stake.

Walmart sells majority stake in Japanese Seiyu supermarket

SeattlePI.com 16 Nov 2020

TOKYO (AP) — U.S. retailer Walmart is selling off 85% of its wholly owned Japanese supermarket subsidiary Seiyu, while retaining..