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Japan updates national security category list, Seven & i changed to "core"
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Japan updates national security category list, Seven & i changed to "core"
Sep 13, 2024 1:12 AM

TOKYO, Sept 13 (Reuters) - Japanese retail giant Seven &

i Holdings ( SVNDF ) has been classified as "core" to national

security, according to the latest update of the finance

ministry's list for security reviews released on Friday.

The regular update for the classifications, under the

Foreign Exchange and Foreign Trade Act (FEFTA), comes a week

after Seven & i ( SVNDF ) rejected a $38.5 billion buyout offer from

Canada's Alimentation Couche-Tard ( ANCTF ).

(Reporting by Makiko Yamazaki, Ritsuko Shimizu, Kane Wu and

Abigail Summerville; Editing by Muralikumar Anantharaman)

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