Walmart sells majority stake in Seiyu to KKR
BENTONVILLE, Ark. — Walmart is pulling back from Japan with the sale of a majority stake in its Seiyu supermarket chain to the investment firm KKR. The retailer is also selling a 20% stake to Rakuten, an internet services firm. The deal, announced Monday, values Seiyu at ¥172.5 billion (about $1.6 billion) and will leave