• Kyodo


Seven & I Holdings Co. said Wednesday it will acquire a 48.67 percent stake in BALS Corp., operator of the Francfranc store chain selling fashionable general merchandise, furniture and kitchen utensils.

Seven & I will buy 19,286 common shares to be floated in January by BALS under a third-party new share allotment scheme, the retailer said.

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.