date:Apr 01, 2013
conference in Tokyo in which Daiei President Michio Kuwahara was also present.
Aeon aims to gain control of Daiei, which has numerous outlets in major cities in the Kanto and Kansai regions, to broaden its customer base in line with its strategy to reinforce operations in big urban centers.
The deal will make Aeon the single dominant force in the nations supermarket business.
Seven I Holdings Co., operator of the Ito-Yokado chain and Seven-Eleven convenience stores, is the nations second-bi