Private Equity

Kkr And Rakuten To Acquire An 85% Stake In Seiyu

by posted 8months ago 257 views
Private equity firm KKR, through its Asia private equity fund, and Japanese e-commerce major Rakuten together are buying an 85% ownership stake of Seiyu, the Japanese supermarket chain owned by U.S. retail giant Walmart. KKR will hold 65% of Seiyu’s business, while Rakuten is to have 20% ownership. Walmart will hold on to the rest. […]