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7-Eleven Owner Considers Major Management Buyout

1 min read
Source: Nikkei Asia
7-Eleven Owner Considers Major Management Buyout
Photo: Nikkei Asia
TL;DR

Japan's Seven & i Holdings, the owner of the 7-Eleven convenience store chain, is considering a management buyout to go private, aiming to raise $38 billion. This move is intended to counter a takeover bid from Canada's Alimentation Couche-Tard. The founding family of Seven & i Holdings is reportedly seeking financial backing from institutions to support this buyout plan.

Topics:top-newsbusiness#7-eleven#alimentation-couche-tard#business#japan#management-buyout#seven-and-i-holdings
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  1. Japan's 7-Eleven owner eyes going private with $38bn buyout  Nikkei Asia
  2. Seven & I Is Said to Consider $58 Billion Management Buyout  Bloomberg
  3. Seven & i considering launching management buyout, Nikkei and Bloomberg say  Yahoo Finance
  4. 7-Eleven Owner Receives Buyout Proposal From Executive, Affiliated Firm  The Wall Street Journal
  5. Japan's Seven & i Holdings is considering a management buyout  ForexLive

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