Saturday, July 28, 2007 5:43 pm | 
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Daiei to sell 32.15% OMC stake
Daiei Inc. said Friday it will sell 32.15 percent of voting rights in its credit-card subsidiary OMC Card Inc. to Sumitomo Mitsui Financial Group. for 74.8 billion yen.
[KYODO]
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While low-cost carriers have since long been successfully operating throughout the U.S., Europe, and southern Asia, Japan has seen very little of the low-price action.
