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Industrials

Itochu to buy rest of FamilyMart via up to $5.6 bln tender offer - Nikkei

TOKYO, July 8 (Reuters) - Japanese trading house Itochu Corp plans to make convenience store operator FamilyMart Co a wholly owned unit through a tender offer worth 500 to 600 billion yen ($4.7 to $5.6 billion), the Nikkei business daily reported on Wednesday.

Itochu owns 50.1% of FamilyMart, Nikkei said. ($1 = 107.5300 yen) (Reporting by Chris Gallagher; Editing by Jacqueline Wong)

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