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Seven & i Holdings’ $58bn buyout fails over financing setback

Japan’s Seven & i Holdings, parent company of convenience chain 7-Eleven, has disclosed that its founding Ito family failed to obtain the necessary financing to propose a management buyout valued at $58bn.

AOL · 4d

Family behind Japan's Seven & i pulls $58 billion buyout bid, shares dive

TOKYO (Reuters) -The founding Ito family of Japan's Seven & i Holdings failed to secure financing for a $58 billion management buyout, sending its shares plunging and offering fresh impetus to a ...

The Financial Times · 4d

Family behind Seven & i abandons $58bn management buyout

The family that founded Seven & i has abandoned an attempted $58bn buyout of the Japanese convenience store group. A group led by the Ito family was unable to secure financing, Seven & i said on Thursday.

Reuters on MSN · 4d

Seven & i to scrap $58 billion management buyout after Itochu withdraws, Yomiuri says

Japan's Seven & i Holdings is set to abandon a $58 billion management buyout led by the retailer's founding family after trading house Itochu withdrew from participating in the plan, the Yomiuri newspaper reported on Thursday.

The Gazette · 4d

Family behind Japan's Seven & i pulls $58 billion management buyout bid, shares dive

The founding Ito family of Japan's Seven & i Holdings failed to secure financing for a $58 billion management buyout, sending its shares plunging and offering fresh impetus

Founding Family Fails in Bid to Buy Out 7-Eleven

The proposal worth over $50 billion by Junro Ito, the son of the founder of Seven & i Holdings, was aimed at fending off a ...

Convenience Store News3d

Management Buyout of Seven & i Fizzles Out

Trading company Itochu Corp. is withdrawing from a management buyout of Seven & i Holdings Co. Ltd. proposed by the global ...

4don MSN

Seven & i shares plunge over 12% as management buyout falls through

Shares of Japan's Seven & i Holdings plunged as much as 12.44% Thursday after the company said the founding family had failed ...

4don MSN

Couche-Tard takeover target Seven & i to scrap $58-billion management buyout

Canadian retailer says Couche-Tard remained committed to reaching a mutually agreeable transaction with Seven & i ...

Convenience Store News4d

Couche-Tard Bid for Seven & I Holdings Takes on New Life

As a result, there is no actionable proposal from Mr. Junro Ito and Ito-Kogyo for Seven & i to consider at this time." The company added that it remains committed to exploring all opportunities ...

Asia markets trade mixed as key Wall Street benchmarks rise amid fresh Trump tariff threats

Asia-Pacific markets were mixed Thursday, after key Wall Street indexes rose amid fresh tariff threats from U.S. President ...

Seven & i shareholder buyout plan falls through

While a group led by Ito-Kogyo could not secure funding, Alimentation Couche-Tard’s deal remains on the table, Seven & i said ...

Convenience Store News2d

Couche-Tard Makes Moves in Japan

Couche-Tard confirmed to the news outlet that it registered a subsidiary with Japanese authorities "to create the path to establishing an office in Japan in the future." It did not provide details on ...

UPI4d

7-Eleven parent company stock falls as buyout plan falls through

Advertisement Junro Ito, Seven & i's vice president and Ito-Kogyo, the firm's second-largest shareholder at 8.2%, tried to broker a deal with the company. The Japanese trading house Itochu Corp ...

Seven & I Holdings: No Actionable Acquisition Proposal from Vice President Junro Ito to Consider at This Time

Dow Jones Newswires is a market-moving financial and business news source, used by wealth managers, institutional investors and fintech platforms around the world to identify trading and investing ...

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