Aeon completed the acquisition of the Hokkaido business from KKR-backed Seiyu for $112m.

Synopsis

Aeon, a supermarket chain, completed the acquisition of the Hokkaido business from KKR-backed Seiyu, a Japanese group of supermarkets, shopping centers and department stores, for $112m.

Principals

target

Seiyu (hokkaido Business)

bidder

Aeon Co

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Market Context

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Bidder Team (1)

motoya okada

President and CEO at AEON CO LTD

Investor

bidder

Deals

£ 89 M

Total Value

Vendor Team (1)

tsuneo okubo

President and Representative Director at SEIYU

Manager

vendor

Deals

£ 2.05 B

Total Value

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