Yamazawa Kosan cancelled the acquisition of 6.12% stake in Yamazawa Co., Ltd. from Susumu Yamazawa.
December 22, 2014 at 11:00 pm EST
Share
Yamazawa Kosan agreed to acquire 6.12% stake in Yamazawa Co., Ltd. (TSE:9993) from Susumu Yamazawa on December 23, 2013. Yamazawa Kosan is acquiring 0.67 million shares of Yamazawa Co., Ltd. The transaction is expected to close by December 25, 2013.
Yamazawa Kosan cancelled the acquisition of 6.12% stake in Yamazawa Co., Ltd. (TSE:9993) from Susumu Yamazawa on December 23, 2014.
YAMAZAWA CO., LTD. is a company principally engaged in the retail business of various merchandises. The Company operates in three business segments. The Supermarket segment is engaged in the retail of food products, household products and clothing products. The Drug Store segment is engaged in the retail of pharmaceutical products and cosmetic products, as well as the operation of dispensing pharmacy. The Others segment is engaged in the manufacture of food products, including dairy products, delicatessens and others, such as milk, noodles, sushi and rice-based products. This segment is also engaged in the agency of insurance and mobile phones, as well as the purchase, sale and rental of real estate.
YAMAZAWA CO., LTD. 
