• Kyodo News

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Seven & I Holdings Co. is in talks with J. Front Retailing Co. over the sale of Sogo Co.’s Shinsaibashi store in Osaka, sources said Tuesday.

Seven & I and J. Front Retailing are expected to reach a basic accord on the deal possibly this month, and the sale of Sogo’s flagship department store is likely to be completed around summer for tens of billions of yen, the sources said.

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