TOKYO -- Aeon is set to turn two of its listed subsidiaries into wholly owned units, Nikkei learned on Friday, in a move aimed at buttressing the mall business as well as addressing investor concerns about so-called "parent-subsidiary listings."
The retail conglomerate currently owns 58.16% of Aeon Mall and 57.41% of Aeon Delight. Both units are listed on the Prime section of the Tokyo Stock Exchange.
