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Walmart Offloads 85% Stake In Japanese Retailer Seiyu To KKR, Rakuten
Article By: Benzinga
Monday, November 16, 2020 4:38 AM EST
Walmart Inc has sold a majority of its stake in the Japanese supermarket chain Seiyu to investment firm KKR & Co, Inc and local e-commerce conglomerate Rakuten Inc in a $1.65 billion (JPY 172.5 billion) deal.
In this article: WMT, KKR, RKUNY
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