TOKYO (Reuters) – A labour union of Seven & i Holdings department store subsidiary Sogo & Seibu will notify management that it plans to strike in opposition to a planned sale of the unit, public broadcaster NHK reported on Monday.
Japan-based Seven & i, operator of the world’s largest convenience store chain, agreed last year to sell Sogo & Seibu to U.S. fund Fortress Investment Group. But the deal has been delayed amid opposition from workers, and company management cancelled a meeting for Friday last week where it was to decide on the sale, Kyodo had reported.
(Reporting by Rocky Swift; Editing by Chang-Ran Kim)
