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

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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
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Walmart Sells Majority Stake in Seiyu, Nearly Exiting Japan After Stiff Competition Walmart Sells Majority Stake in Seiyu, Nearly Exiting Japan After Stiff Competition Reviewed by Team Exprssnews on November 16, 2020 Rating: 5

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