Wal-Mart to launch tender offer for Seiyu

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.

  • Product Code
  • ILEA001124638
  • Registered date
  • 2007/10/22 00:00:00
  • Credit
  • Kyodo / Kyodo News Images
  • Media source
  • 2007 Kyodo News
  • Media size
  • 1864 × 1228 pixel
  • Resolution
  • dpi
  • Deployment size
  • 446.31(KB)*
  • Special instruction

*File size when opened in Photoshop, etc.

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