Bidding is coming to a close for local convenience store chain Buy The Way, which was put up for sale by private equity owner Unitas Capital late last year.

AEON-owned Ministop, Lotte Group - which owns the 7-Eleven franchise in South Korea - and US private equity firm Carlyle Group have all reportedly made bids to acquire the 1,400-strong store chain.

Unitas Capital hopes to generate more than KRW250bn (£131m) from the sale.