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Sogo & Seibu sold to Fortress for US$1.5 billion

Sogo & Seibu has been acquired by Fortress Investment Group from Tokyo-headquartered retail group and 7-Eleven owner Seven & I Holdings. ....

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As Goes the Sogo Department Store, So Goes Japan - The Washington Post

As Goes the Sogo Department Store, So Goes Japan - The Washington Post
washingtonpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from washingtonpost.com Daily Mail and Mail on Sunday newspapers.

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Fortress to maintain all Sogo and Seibu stores for now: sources

The U.S. investment firm now plans to spend a total of ¥60 billion, compared with at least ¥20 billion it initially considered. ....

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Japanese department store workers strike in Tokyo

The union sought to allow workers to blow off steam while limiting the strike’s impact on the company as much as possible. ....

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EDITORIAL: Walkout raised questions about way Sogo-Seibu sale managed | The Asahi Shimbun: Breaking News, Japan News and Analysis

A labor union of department store operator Sogo-Seibu Co. staged a one-day walkout Aug. 31 to protest the sale of the company. ....

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