Seven & i CEO says new company structure will allow growth-February 2024-www.financetom.com

Seven & i CEO says new company structure will allow growth

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Seven & i CEO says new company structure will allow growth

Oct 31, 2024 12:24 AM

TOKYO, Oct 24 (Reuters) - Seven & i Holdings' ( SVNDF )

plan to hive off underperforming businesses will provide the

discipline to pursue growth, Chief Executive Officer Ryuichi

Isaka told investors on Thursday.

The Japanese retailer, which is holding an "investor day"

briefing with analysts and investors, is fighting to stay

independent after Canada's Alimentation Couche-Tard ( ANCTF )

offered a $47 billion takeover bid.

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