Japan's Nitori confirms possible bid for Shimachu as part of growth strategy

DCM Holdings Co

21/10/2020 24:45

TOKYO, Oct 21 (Reuters) - Japanese furniture retailer Nitori
Holdings Co  9843.T  said on Wednesday it was considering a bid
for home improvement retailer Shimachu Co  8184.T  as part of
its M&A-led growth strategy, confirming a Nikkei newspaper
report overnight.  urn:newsml:reuters.com:*:nL4N2HB3H4

 (Reporting by Chang-Ran Kim; Editing by Himani Sarkar)
 ((ran.kim@thomsonreuters.com; +81-3-4563-2740;))