Tag: Tsuneo Okubo

KKR increases majority stake in Seiyu with acquisition of Rakuten shares

KKR, a global investment firm, and Rakuten Group, Inc., (“Rakuten”) announced the signing of definitive agreements under which a fund managed by KKR will purchase Rakuten’s stake in Seiyu (the “Company”), a leading, nationwide supermarket chain in Japan. With this purchase, KKR increases its stake in Seiyu from 65% to 85% Following this transaction, Rakuten…