Nitori launches rival takeover bid for Shimachu in Nov.

Photo taken on Oct. 23, 2020, shows an outlet of Japanese do-it-yourself and hardware goods chain Shimachu Co. in Tokyo. Home furnishings retailer Nitori Holdings Co. said on Oct. 29, 2020, that it will launch a rival takeover bid in mid-November to make Shimachu a wholly owned subsidiary.

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2020/10/29 17:28:17

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2020 Kyodo News

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