Seibu Department Stores
Search results
Seiyu KK (株式会社西友, Kabushiki-gaisha Seiyū), or Seiyu Group (西友グループ, Seiyū Gurūpu), is a Japanese group of supermarkets, shopping centers and department stores, headquartered in Akabane (赤羽), Kita, Tokyo.
Nov 16, 2020 · Key Points. Walmart is selling a majority stake in Japanese supermarket chain Seiyu to investment firm KKR and e-commerce company Rakuten for over $1 billion, after suffering years of poor...
Nov 15, 2020 · Walmart Inc., KKR & Co. Inc. and Rakuten, Inc., today announced the signing of definitive agreements under which KKR will purchase a majority stake and a new Rakuten subsidiary will purchase a minority stake in Seiyu GK.
Dec 31, 2020 · TOKYO & BENTONVILLE, Ark., March 1, 2021 — KKR, Rakuten, Inc., (“Rakuten”) and Walmart Inc. (“Walmart”) today announced that KKR and Rakuten subsidiary, Rakuten DX Solution, have completed their previously announced share purchases in Seiyu GK (“Seiyu”) from Walmart.
May 12, 2023 · KKR increases its majority stake in the local innovative value retailer of choice to 85%. Rakuten and Seiyu to continue leveraging retail expertise across online grocery delivery, cashless ...
May 12, 2023 · TOKYO – May 12, 2023 – KKR, a leading global investment firm, and Rakuten Group, Inc., (“Rakuten”) today announced the signing of definitive agreements under which a fund managed by KKR will purchase Rakuten’s stake in Seiyu (the “Company”), a leading, nationwide supermarket chain in Japan.
Nov 16, 2020 · Under the terms of the agreements, KKR will acquire a 65% stake in Seiyu, and Rakuten will acquire a 20% stake, through a newly created subsidiary focused on retailer digital transformation. Walmart will retain a 15% stake in Seiyu. The new ownership structure enables Seiyu to take advantage of KKR, Rakuten and Walmart’s combined retail ...
