The head store of Seibu Department Stores in Tokyo. (Photo: Rs1421 via Wikimedia Commons) Nishimura & Asahi Advises on Sale of Sogo & Seibu Department Stores to Fortress Investment
U.S. private equity firms have been active in snatching up assets in Japan in recent years.
November 14, 2022 at 03:00 PM
2 minute read
Japan's Nishimura & Asahi is advising Seven & i Holdings Co. on the estimated $1.77 billion sale of its 192-year-old department store unit to the U.S. private equity firm Fortress Investment Group.
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