Walmart Offloads 85% Stake In Japanese Retailer Seiyu To KKR, Rakuten
November 16, 2020 at 04:38 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.
