 Walmart Inc NYSE: WMT has sold a majority of its stake in the Japanese supermarket chain Seiyu to investment firm KKR Co, Inc NYSE: KKR and local e-commerce conglomerate Rakuten Inc OTC: RKUNY in a 1.65 billion JPY 172.5 billion deal. What Happened: KKR will acquire a 65 stake in Seiyu and Rakuten will get a 20 share in the retailer through a newly-created subsidiary focused on retailer digital transformation. 