Yamato Holdings, Marui announce capital, business tie-up

TOKYO, Japan - Yamato Holdings Co. President Kaoru Seto (L) and Marui Co. President Hiroshi Aoi (R) shake hands in Tokyo on May 21 after announcing their decision to form a capital and operational tie-up in an attempt to boost their corporate value by making optimal use of the two companies' managerial resources. Yamato owns Yamato Transport Co. and Marui is an operator of department stores. (Kyodo)

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