Japan's Seven & i Holdings to sell Sogo & Seibu unit to Fortress -sources
- Country:
- Japan
Japan's Seven & i Holdings Co Ltd has decided to sell its Sogo & Seibu department store unit to U.S. fund Fortress Investment Group, people familiar with the matter said on Friday.
Seven & i held an extraordinary board meeting on Friday to decide on the sale to the SoftBank Group Corp controlled fund, the people said.
ALSO READ
-
Japanese Lawmakers Visit India to See Worker Protection and Skills Projects in Action
-
Japan-Backed ILO Projects Help 23,000 Workers Gain Rights and Fight Child Labour
-
Screwworm Resurgence Threatens U.S.-Mexico Livestock Trade
-
India Defends Energy Policy Amidst Rising Tariff Threats from U.S.
-
Riding the Waves: India's Surfing Olympic Dream
Google News