Deals
Lawson Weighing Options for China Unit Including Partnership, Sources Say
- Convenience store firm may seek partners, sell minority stake
- Lawson is targeting having 10,000 stores in China by 2025
A cyclist travels past a Lawson Inc. convenient store in Tokyo.
Photographer: Toru Hanai/BloombergJapanese convenience store operator Lawson Inc. is exploring strategic options for its China operation, people with knowledge of the matter said, as consumption in the country recovers after Covid lockdowns.
The Tokyo-based firm has held talks with advisers as it weighs possibilities to boost growth in the China unit, including introducing strategic partners and selling minority stakes, the people said, asking not to be identified because the information is private.
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Lawson Weighing Options for China Unit Including Partnership, Sources Say