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KKR, Rakuten complete share purchase in Japanese supermarket chain Seiyu from Walmart A logo of Seiyu is pictured at its chainstore in Tokyo, Japan, July 12, 2018. REUTERS/Kim Kyung-Hoon March 1, 2021 Private equity giant KKR, and Rakuten DX Solution, a unit of the Japanese e-commerce group Rakuten Inc., have completed their share purchases in Japanese supermarket chain Seiyu GK from Walmart. KKR now owns a 65% stake in Seiyu and Rakuten DX Solution owns 20% in the company, according to a statement. Walmart retains a 15% stake in Seiyu. KKR made the investment from its Asia private equity fund, the companies said. The shareholders also confirmed the appointment of Tsuneo Okubo as CEO of Seiyu, effective immediately. Okubo’s decades-long career in Japan’s retail sector includes senior roles for national supermarket chains. He brings to Seiyu a strong track record of elevating corporate strategies and performance through digital innovation, enhancing the operations of physica

Rakuten seiyu netsuperTsuneo okuboRakuten incதிசுனேஓ ஓகுபோரகுடென் இன்க்