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."
Business deals
Japan's Aeon to buy out mall subsidiaries in bow to investor concerns
Aeon Mall-Aeon Delight consolidation to address 'parent-subsidiary listing' unease
Aeon operates 204 shopping malls across Japan, China and Southeast Asia via subsidiary Aeon Mall. (Photo by Makoto Okada)
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