News: Isetan Mitsukoshi Holdings Ltd (3099.T)

3099.T on Tokyo Stock Exchange

1,278JPY
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¥-3 (-0.23%)
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Fri, Apr 18 2014

UPDATE 1-Japan's Lawson, Isetan bid for high-end supermarket chain -sources

* Marunouchi Capital seeking $490 mln including debt -sources

Lawson, Isetan bidding for Seijo Ishii, deal could total $490 mln-sources

TOKYO, April 18 - Japanese investment fund Marunouchi Capital is looking to sell supermarket operator Seijo Ishii Co in a deal worth about $490 million, with Lawson Inc and Isetan Mitsukoshi Holdings Ltd among those involved in the first round of bidding, two sources familiar with the matter said.

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