Seven & I to take over Millennium Retailing completely by June

Seven & I to take over Millennium Retailing completely by June

TOKYO, Japan - Seven & I Holdings Co. President Toshifumi Suzuki (R) and Millennium Retailing Inc. President Shigeaki Wada announce an agreement on a business tie-up at a press conference in Tokyo on Dec. 26. Seven & I Holdings will purchase a 65.45 percent equity stake in Millennium Retailing at the end of January 2006 and acquire the remaining shares by June that year in a move that will create Japan's largest and the world's fifth-largest retailer in terms of sales.

Seven & I to take over Millennium Retailing completely by June

Seven & I to take over Millennium Retailing completely by June

TOKYO, Japan - Seven & I Holdings Co. President Toshifumi Suzuki (R) and Millennium Retailing Inc. President Shigeaki Wada pose for photos after announcing a business tie-up deal at a press conference4 in Tokyo on Dec. 26. The deal will create Japan's largest and the world's fifth-largest retailer in terms of sales.

Seven & I to take over Millennium Retailing completely by June

Seven & I to take over Millennium Retailing completely by June

TOKYO, Japan - Seven & I Holdings Co. President Toshifumi Suzuki (R) and Millennium Retailing Inc. President Shigeaki Wada pose for photos after announcing a business tie-up deal at a press conference4 in Tokyo on Dec. 26. The deal will create Japan's largest and the world's fifth-largest retailer in terms of sales. (Kyodo)

Seven & I to take over Millennium Retailing completely by June

Seven & I to take over Millennium Retailing completely by June

TOKYO, Japan - Seven & I Holdings Co. President Toshifumi Suzuki (R) and Millennium Retailing Inc. President Shigeaki Wada announce an agreement on a business tie-up at a press conference in Tokyo on Dec. 26. Seven & I Holdings will purchase a 65.45 percent equity stake in Millennium Retailing at the end of January 2006 and acquire the remaining shares by June that year in a move that will create Japan's largest and the world's fifth-largest retailer in terms of sales. (Kyodo)