Japan Post may buy Daimaru-affiliated delivery firm
Japan Post is in final talks to buy Asocia Corp, a delivery company affiliated with department store operator Daimaru Inc, in a bid to strengthen its services in areas where it competes with private-sector firms, the Asahi Shimbun reported Wednesday. The national daily said the move would be Japan Post’s first acquisition of a company and that the public corporation is considering acquiring or forming a capital tie-up with more than one delivery company.
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