JAPAN: Schroder Ventures mulls support of failed grocer Niko Niko Do Co
The restructuring plan of failed supermarket chain Niko Niko Do Co could soon get a boost of between ¥7bn (US$53.9m) and ¥10bn from Japanese independent fund manager Schroder Ventures Co Ltd. Schroder, which is affiliated with British Schroder Ventures Ltd, said yesterday [Monday] that it is mulling sponsorship of the chain.
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