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Walmart plans to sell most of Japan’s Seiyu to Rakuten and KKR

(Bloomberg)—Walmart Inc., No. 3 in the 2020 Digital Commerce 360 Top 1000, is selling most of Japanese retailer Seiyu to KKR & Co. and Rakuten Inc. in a deal that values the supermarket chain at 172.5 billion yen ($1.6 billion), as the U.S. giant retreats from its two-decade attempt to crack Japan’s retail market. Under […]

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