Wal-Mart set to pay ¥100 billion to take over ailing Seiyu
Summary
Wal-mart decided to perform TOB for struggling Japan unit Seiyu Ltd.
Wal mart is going to taking over Seiyu by getting 100% stocks of Seiyu.
It means Wal-mart increase twice investments for Japanese market.
My Thought
I wonder why Walmart choiced Japanese market although US supermarket is so different from Japanese one.
Besides ,Wal-mart withdrew from Korean and Germany Market.
I cannot help missing how Wal-mart fight with AEON.
I think If Wal-mart acquire various knowledge of Japanese market, Wal-mart will try to perform full-dress embarkations for Japanese market in near future.
As many people know, Wal-mart is the one of excellent company.
Wal-mart have a lot of money to invest for Japanese market.
Japanese retail companies are scaring Wal-mart embarkation of Japanese market.
TOB of Seiyu by Wal-mart might be the first step of counterattack for Japanese market!
Source
JapanTimes
http://search.japantimes.co.jp/cgi-bin/nb20071023a1.html
Nikkei
http://www.nikkei.co.jp/news/kaigai/media/djBVG6611.html
Keyword
Walmart , TOB , Seiyu
Interesting article and good analysis.
You are right that Walmart has failed in some countries. Besides, Walmart is starting to become a social issues/problems in the US. Their large volume of trade with China and not treating their employee fairly is being pointed out.