Japan's Lawson Inc plans Seijo Ishii IPO, Nikkei reports

Lawson

12/04/2022 08:17

TOKYO, April 12 (Reuters) - Japanese convenience store
operator Lawson Inc  2651.T  has decided to take wholly owned
supermarket chain Seijo Ishii Co public, aiming for an initial
public offering (IPO) by the 2023 financial year, the Nikkei
business daily reported on Tuesday.
    Lawson is considering retaining a minority stake in the
upmarket chain, which could be valued at more than 200 billion
yen ($1.59 billion) on listing, the paper said without
disclosing sources.
($1 = 125.5800 yen)

 (Reporting by Chang-Ran Kim
Editing by David Goodman
)
 ((ran.kim@thomsonreuters.com; +81-3-4520-1228;))