Japan's Trial Holdings to buy Seiyu for about $2.7 bln, Nikkei says-February 2024-www.financetom.com

Japan's Trial Holdings to buy Seiyu for about $2.7 bln, Nikkei says

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Japan's Trial Holdings to buy Seiyu for about $2.7 bln, Nikkei says

Mar 4, 2025 8:56 PM

TOKYO, March 5 (Reuters) - Japan's Trial Holdings

obtained preferred bidder status from U.S. private

equity fund KKR to acquire supermarket chain Seiyu for

about 400 billion yen ($2.67 billion), the Nikkei business daily

reported on Wednesday.

Trial Holdings plans to purchase all shares of Seiyu, the

report said.

($1 = 149.7800 yen)

(Reporting by Tokyo newsroom; Editing by Muralikumar

Anantharaman)

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