Japan's Seibu to sell properties to Singapore's GIC in $1.3 bln deal - Nikkei
Feb 5 (Reuters) - Seibu Holdings Inc 9024.T is in final
talks with Singaporean sovereign wealth fund GIC to sell some 30
properties in Japan in deal worth about 150 billion yen ($1.30
billion), Nikkei reported on Saturday.
The Prince Park Tower Tokyo, Prince Hotel Sapporo, and Grand
Prince Hotel Hiroshima are among the properties it plans to
sell, the report added.
($1 = 115.2000 yen)
(Reporting by Mrinmay Dey in Bengaluru; Editing by Alison
Williams)
((Mrinmay.Dey@thomsonreuters.com;))
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