Billionaire Hisao Nagata’s Trial Holdings said the acquisition of Seiyu Co. would expand his company’s sales to more than ...

Japanese discount supermarket chain operator Trial Holdings Inc said Wednesday it will acquire rival Seiyu Co for 380 billion ...

Japanese discount supermarket chain operator Trial Holdings Inc. said Wednesday it will acquire rival Seiyu Co. for 380 ...

Trial, a discount store operator based in the Kyushu region, said Wednesday that it will acquire supermarket operator Seiyu.

The acquisition will help Kyushu-based Trial to expand its business areas to the Kanto and Chubu regions, where Seiyu has stores. “We aim for sustainable growth of the entire group by ...

Trial currently plans to retain Seiyu's company name and staff. With the acquisition, the number of the Trial group's stores will reach 585, and annual sales are expected to expand to about 1,200 ...

This deal comes after a series of takeovers in Seiyu over the past two decades, with Walmart initially purchasing a 6% ...

Last year, he announced plans to concentrate management resources on the growing convenience store business by removing supermarket chain Ito-Yokado Co. and other subsidiaries from the group.

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