( June 5, 2026, 05:23 GMT | Official Statement) -- MLex Summary: Two of Japan’s major consumer-electronics retailers, Yamada Holdings and Edion, have agreed to merge through a jointly owned holding company, the companies announced in a joint statement on Friday. The transaction would create Japan's largest appliance retail group with combined annual revenue of about 2.5 trillion yen ($15.6 billion). The companies aim to close the transaction on Oct. 1, 2027, subject to shareholder and regulatory approval.Statement is attached....
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