Sunday, July 03, 2005

Daiei Plans to Sell 106 Properties for 20 bln. yen

Daiei Inc. (8263) has decided to sell an additional 106 pieces of real estate for an estimated 20 billion yen as part of its ongoing restructuring program.The struggling retailer is currently rehabilitating its business under the auspices of the government-affiliated Industrial Revitalization Corp. of Japan.

Full Story- Nikkei

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