LIXIL Group Corporation (TSE:5938) plans to sell its majority stake in an operator of home improvement stores to a domestic peer, Nikkei has learned. Lixil intends to offload its entire 53% interest in publicly listed Lixil Viva Corporation (TSE:3564) to Arcland Sakamoto Co.,Ltd. (TSE:9842), which will conduct a tender offer anticipated to reach roughly ¥100 billion ($912 million). Arcland is expected to launch the offer as early as this month, offering around ¥2,600 per share.