FamilyMart to Buy Am/pm Japan Co.


FamilyMart Co. and its top shareholder Itochu Corp. are reportedly planning to buy the competing convenience store operator Am/pm Japan Co., according to Nikkei English News


FamilyMart and Itochu may spend about 10 billion yen ($111 million) to acquire all the shares from Am/pm’s parent company Rex Holdings Co., according to the report.