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Aeon agrees on business and capital alliances with WELCIA HOLDINGS

Monday, 14 Apr 2014 02:00am EDT 

Aeon Co Ltd and WELCIA HOLDINGS CO., LTD:Agreed on business and capital alliances for cooperation in business restructuring of WELCIA HOLDINGS, integration between two groups, provision of operation resources and human resources communication.Aeon aims to acquire more than 50 pct of outstanding of WELCIA HOLDINGS by Feb. 2015, with details to be determined. 

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