Marunouchi Capital nears buyout of Seijo Ishii
Tokyo-based Marunouchi Capital, a joint venture equally owned by Japanese conglomerate Mitsubishi Corp and Mitsubishi UFJ Securities, is reportedly close to finalizing negotiations for a takeover of Seijo Ishii Co., a high-end supermarket operator in Tokyo.
The deal is estimated to be worth up JPY 40 billion( $489 million) according to Nikkei News. Seijo Ishii is fully owned by Rex Holdings, Tokyo-based food business group owned by Advantage Partners...
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