Maxvalu Chubu Co., Ltd. cancelled the acquisition of six supermarket stores located in Nagoya City and Miyoshi City from AEON Market Co., Ltd.
January 20, 2015 at 11:00 pm EST
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Maxvalu Chubu Co., Ltd. (NSE:8171) agreed to acquire six supermarket stores located in Nagoya City and Miyoshi City from AEON Market Co., Ltd. on January 21, 2014. The transaction is expected to complete on April 1, 2014.
Maxvalu Chubu Co., Ltd. (NSE:8171) cancelled the acquisition of six supermarket stores located in Nagoya City and Miyoshi City from AEON Market Co., Ltd. on January 21, 2015.
MAXVALU CHUBU CO.,LTD. is a Japan-based company mainly engaged in the merchandise retailing business and related business. The Company mainly as a core company in the Chubu area of the Group's supermarket business, it operates supermarkets in Aichi, Gifu, Mie and Shiga prefectures. The Company is involved in the food supermarket business in Jiangsu Province, China. The Company manufactures sushi, cooked rice and prepared foods. The Company is also involved in the supply of products developed by Aeon Group (Topvalu), the transactions related to store maintenance and entering tenants into stores.