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Japan's Seven & i to sell department store unit - Nikkei

Credit: REUTERS/TORU HANAI

January 31, 2022 — 05:03 am EST

Written by Sam Nussey for Reuters ->

TOKYO, Jan 31 (Reuters) - Japan's Seven & i Holdings Co Ltd 3382.T is in final negotiations to sell its department store unit, Sogo & Seibu, the Nikkei business daily reported on Monday, amid investor pressure to focus on its core convenience store business.

(Reporting by Sam Nussey, Editing by Louise Heavens)

((sam.nussey@tr.com;))

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