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| | [No title] (Site not responding. Last check: 2007-11-03) |
 | | Wal-Mart, the world's biggest retailer, has maintained strong ties with Seiyu, the key to its expansion plans in Japan, where notoriously fickle consumers and complicated distribution systems have thwarted many foreign retailers, including France's Carrefour (CARR.PA: Quote, Profile, Research), that entered the market on their own. |
 | | The U.S. firm, which has an option to boost its stake in Seiyu to 50.1 percent by the end of 2005, was widely expected to exercise the option and to inject fresh capital into Seiyu this year to prevent it from falling into negative net worth. |
 | | Seiyu said the capital increase was aimed at stabilising its financial base and raising funds for capital expenditure. |
| today.reuters.com /investing/financeArticle.aspx?type=mergersNews&storyID=2005-09-30T100602Z_01_T139173_RTRIDST_0_RETAIL-JAPAN-SEIYU-UPDATE-2.XML (347 words) |
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