Japan court overturns suspension of Kansai Super, H20 merger -Nikkei
07/12/2021 05:32
TOKYO, Dec 7 (Reuters) - A high court in Japan overturned a
lower court's suspension of a merger planned by retailers Kansai
Super Market Ltd 9917.T and H20 Retailing Corp. 8242.T , the
Nikkei business newspaper said on Tuesday.
The ruling means the two companies can proceed with the
plan, the paper said. An injunction had been granted last month
in a case brought by OK Corp, which is also interested in buying
Kansai Super Market. urn:newsml:reuters.com:*:nL1N2SD0LU
(Reporting by Rocky Swift; Editing by Clarence Fernandez)
((rocky.swift@thomsonreuters.com;))