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Maruetsu Inc, Kasumi, Aeon and Marubeni to consolidate supermarket operations


Monday, 19 May 2014 02:00am EDT 

Maruetsu Inc, Kasumi Co Ltd, Aeon Co Ltd and Marubeni Corp:To consolidate supermarket business in Tokyo Metropolitan area.Maruetsu, Kasumi and Aeon's subsidiary Maxvalu Kanto will form holding company by March 2015.Aeon and Marubeni will establish a special purpose company to hold over 50 pct of outstanding in the holding company, which will start listing n Tokyo Stock Exchange from March 2015.Maruetsu and Kasumi will be delisted from stock exchange in Feb. 2015. 

Company Quote

668.3
3.2 +0.48%
24 Oct 2014