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WAL-MART BUYS INTO JAPAN'S SEIYU THROUGH PRIVATE PLACEMENT.
TOKYO, June 3 Asia Pulse - Wal-Mart Stores Inc has acquired a 6.1 per cent stake in major Japanese supermarket operator Seiyu Ltd (TSE:8268) through a third-party allocation of new shares by Seiyu.
The transaction, completed Friday, is part of a comprehensive tie-up agreement formed in March between Seiyu and the US retail giant.
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