• SHARE

The Industrial Revitalization Corp. of Japan stopped accepting tender bids Monday for parties seeking to participate in the revival of the troubled Daiei Inc. supermarket chain, IRCJ officials said.

There are three contenders: a consortium led by supermarket chain Aeon Co., another by trading house Marubeni Corp., and one led by investment fund Kiacon Corp., the officials said.

The IRCJ will pick one of the three in early March as a “sponsor” in the revival plan after examining their rehabilitation proposals.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.

SUBSCRIBE NOW