Wal-Mart to launch tender offer for Seiyu

TOKYO, Japan - Brett Biggs (L), Wal-Mart Stores Inc.'s senior vice president, and Ed Kolodzieski, chief executive officer of Seiyu Ltd., pose for photographers at a news conference in Tokyo on Oct. 22 where Wal-Mart, the parent company of Seiyu, announced it will launch a tender offer for Seiyu and turn the struggling Japanese supermarket chain into a wholly owned subsidiary. Seiyu became a Wal-Mart subsidiary in December 2005 and is now owned 50.94 percent by Wal-Mart. (Kyodo)

• Product Code
• ILEA000037552

• Registered date
• 2007/10/22 00:00:00

• Credit
• Kyodo / Kyodo News Images

• Media source

• Media size
• 1530 × 1228 pixel

• Resolution
• 72 dpi

• Deployment size
• 267.59(KB)*

• Special instruction

*File size when opened in Photoshop, etc.