Sumitomo Mulling Investment in Ito-Yokado
Tokyo, Nov. 27 (Jiji Press)--Sumitomo Corp. is considering investing in an intermediate holding company that controls supermarket chain Ito-Yokado Co., people familiar with the matter said Wednesday.
The Japanese trading house apparently hopes for a synergy effect between the Summit supermarket chain it operates in the Tokyo metropolitan area and Ito-Yokado.
(2024/11/27-13:53)
To read a full story, please click here to find out how to subscribe.
BUSINESS
- 12/26 19:28 (Update) Aeon Bank Gets Biz Improvement Order
- 12/26 18:42 Aeon Bank Gets Biz Improvement Order
- 12/26 09:58 Hong Kong Fund Ups Stake in Kobayashi Pharma
- 12/25 09:32 Toyota to Donate 1 M. Dollars to Trump's Inauguration
- 12/24 17:43 Chocozap Gym to Open at Airport in Kumamoto
- 12/24 16:42 Toyota Eyes Solo Lexus EV Production in Shanghai
- 12/24 10:17 Renault to "Consider All Options" on Honda-Nissan Talks
- 12/23 23:40 JR Kyushu to Withdraw from Passenger Ship Operations
- 12/23 21:44 Japan Post Sues Yamato Transport for 12-B.-Yen Damages
- 12/23 19:36 (Update) Suda, JR Tokai's 1st President, Dies at 93
- 12/23 18:46 Suda, JR Tokai's 1st President, Dies at 93
- 12/23 15:55 INTERVIEW: Nippon Life to Value Digital Use, Social Activities
- 12/22 17:03 Honda, Nissan May Announce Start of Merger Talks on Monday
- 12/20 10:00 Japan Snack Makers Try to Keep Long-Selling Products "Fresh"
- 12/20 01:21 Toshiba Picking Up 1 Year after Going Private
- 12/19 23:01 Sony to Become Kadokawa's Top Owner