Major department store chain Takashimaya Co. and Credit Saison Co., a leading credit card company, said Tuesday they have reached a basic agreement to establish a partnership, including a capital tieup.
The agreement enables Takashimaya to acquire a stake in Credit Saison.
Credit Saison will purchase a 10 percent stake in Takashimaya Credit Co., a credit card company wholly owned by Takashimaya.
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