H2O Retailing, Takashimaya to partner
Written by Chang on Sunday, October 12th, 2008
H2O Retailing, Takashimaya to partner
TOKYO - Two department store operators, H2O Retailing Corp and Takashimaya Co, said Friday they have decided to forge a business and capital alliance with an eye toward a merger in three years’ time.
Initial plans call for each firm to purchase a stake of about 10% in the other by around February 2009, and if the collaboration works out, the partners will consider merging their management.
News Related Posts :
- Mumbai terror attack : Urban voters react angrily (Saturday, November 29, 2008)
- 3-star restaurant recalls bacteria-tainted beans (Thursday, November 27, 2008)
- Man held over posing as doctor for 30 years (Monday, November 24, 2008)
- Music producer Komuro indicted (Sunday, November 23, 2008)
- ‘Tallest Tower’ in Sri Lanka to come up in Battaramulla (Friday, November 21, 2008)
- Minshuto boycott forces strategy rethink (Thursday, November 20, 2008)
- Initiatives to bridge gap between skill and job availability (Thursday, November 20, 2008)
- Waseda awards honorary PhD to Al Gore (Thursday, November 20, 2008)
- Maoist PLA commander can become army chief (Tuesday, November 18, 2008)
- Villagers invited to join futsal match (Tuesday, November 18, 2008)
- China donates 63 vehicles to Peru for 16th APEC summit (Sunday, November 16, 2008)
- No injuries in car-train crash in Saitama Pref. (Saturday, November 15, 2008)
- Ayah Pin In Terengganu Recently - Musa (Friday, November 14, 2008)
- Pro says ‘Eigo Noto’ can be used flexibly (Thursday, November 13, 2008)
- Home for elderly falls short on quake resistance (Thursday, November 13, 2008)
- Explosions in Shibuya kill two (Thursday, November 13, 2008)
- Docomo to buy 26% stake in Indian firm (Thursday, November 13, 2008)
- VietinbankSC will go for an IPO in Dec (Tuesday, November 11, 2008)
- SCIC sells state capital in 144 businesses (Tuesday, November 11, 2008)
- Cadivi hopes to raise 56.027b dong through new share offerings (Tuesday, November 11, 2008)
News Topics : Business Capital, Capital Alliance, Collaboration, Department Store, H2o, Initial Plans, Merger, Partner, Stake, Store Operators, Takashimaya, Tokyo
This entry was posted
on Sunday, October 12th, 2008 and is filed under
Japan News.
You can follow any responses to this entry through the
RSS 2.0 feed.
You can
leave a response, or
trackback from your own site.
