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US-based retailer Walmart has announced it is selling most of Japan-based retailer Seiyu to KKR and Rakuten in a deal that values the supermarket chain at USD 1.6 billion.
Walmart, Rakuten, KKR, Seiyu, Japan, US, acquisition, ecommerce, retail, AEON, Tesco, Carrefour, big retail, big merchant, marketplace, Asia, APAC