Private equity giant KKR is teaming up with Japanese ecommerce company Rakuten to build the retailer's digital operations.
December 01, 2020 at 04:02 AM
1 minute read
Simpson Thacher & Bartlett, Nishimura & Asahi and Anderson Mori & Tomotsune are advising on Walmart’s 85% stake sale in Japanese retailer Seiyu.
As part of the transaction, which values Seiyu at $1.6 billion, KKR & Co., advised by Simpson Thacher and Nishimura & Asahi, is taking a 65% stake while Japanese e-commerce giant Rakuten Inc., advised by Nishimura, is separately taking 20%.
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