Seven & i department store unit to announce strike
News
|
Aug 2023
|
NASDAQ
What: Sogo & Seibu department store labour union to notify Seven & i Holdings management of strike due to the proposed sale of Sogo & Seibu to U.S fund Fortress Investment Group.
Why it is important: The deal has been postponed because of the workers’ opposition. The management meeting to decide on the sale had also been cancelled.
