Supermarkets Industry News Sample

Jun 13, 2002 21:39:11

NIKO NIKO DO: Supermarket Operator Ties-Up With Izumi

JAPAN (SunStream News) -- Failed supermarket operator Niko Niko Do Co will map out a rehabilitation plan under a tie-up with Hirohsima-based supermarket operator Izumi Co, under which Niko Niko Do will sell large outlets to Izumi, while restructuring smaller ones in cooperation with local concerns, the Japan Today reported. Niko Niko Do also said it expects financial and other support from Izumi, including supplies of merchandise and personnel.

ss/bal

Source: M&A Reporter - Asia Pacific

Publication Date: 2002-06-14

 

NWS:	TNM
	BCY

COY:	IZMIF.PK

IND:	REA
	SUP

GEO:	a-ja

 

Back to Industry News Samples List