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Ain to Acquire Francfranc

Ain to Acquire Francfranc

   Sapporo, July 4 (Jiji Press)--Japanese drugstore chain Ain Holdings Inc. said Wednesday that it has agreed to acquire lifestyle retailer Francfranc Corp. for 49.9 billion yen.
   Ain will acquire all outstanding shares in Francfranc from companies including retailer Seven & i Holdings Co. in late August.

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AFP-JIJI PRESS NEWS JOURNAL


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