bearish

Bargain Sale at Sogo Seibu as Seven & I Finally Capitulates

​Seven & I sells Sogo Seibu to Fortress Investments, but has to forgive ¥90 billion in debt. Fortress plans to sell the Ikebukuro land and other assets to Yodobashi suggesting major redevelopment.
337 Views05 Sep 2023 05:03
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Michael Causton
Japan Retail and Consumer Specialist
JapanConsuming
JapanConsumer Discretionary & Consumer StaplesMulti-AssetThematic (Sector/Industry)Equity Bottom-Up
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