• Walmart sells most of its Seiyu supermarket business in Japan

    Walmart sells most of its Seiyu supermarket business in Japan

    The Arkansas-based company said it will sell 65 percent of its Seiyu grocery chain to American investment firm KKR while Japanese e-commerce giant Rakuten will acquire a 20 percent stake.
  • Coty shakes off Kylie Jenner problem, surges 20 percent after KKR buys stake

    Coty shakes off Kylie Jenner problem, surges 20 percent after KKR buys stake

    That was one quick makeover. After getting dinged last week for its ties to Kylie Jenner, beauty products seller Coty announced a $1 billion investment and a management shakeup — sending the stock up 20 percent, to $4.36, in early-afternoon trading. Coty on Monday said buyout firm KKR will be acquiring a 60 percent stake …