Wal-Mart will finally take a controlling stake in Seiyu:
Seiyu will issue new shares worth Y115bn before the end of the year - of which Y67.5bn will be purchased by Wal-Mart and the remainder by Mizuho Corporate Bank and other unnamed investors.Wal-Mart's controlling stake will rise to more than 50 per cent from 42.4 per cent.
Posted by Kevin on September, 30 2005 at 02:15 PM
