financetom
Business
financetom
/
Business
/
Seven & i considering launching management buyout, Nikkei and Bloomberg say
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Seven & i considering launching management buyout, Nikkei and Bloomberg say
Nov 12, 2024 8:23 PM

TOKYO, Nov 13 (Reuters) - Japan's Seven & i Holdings ( SVNDF )

is considering launching a management buyout that would

see the retailer go private, the Nikkei newspaper and Bloomberg

News reported on Wednesday, a deal that could be worth up to 9

trillion yen ($58.2 billion).

Seven & i ( SVNDF ) faces a takeover bid from Canada's Alimentation

Couche-Tard ( ANCTF ) and has been under pressure to boost

corporate value.

($1 = 154.7300 yen)

(Writing by David Dolan

Editing by Chang-Ran Kim)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Orsted is committed to proceed with $9.4 billion rights issue despite US order to halt project
Orsted is committed to proceed with $9.4 billion rights issue despite US order to halt project
Aug 24, 2025
COPENHAGEN, Aug XX (Reuters) - Offshore wind developer Orsted said on Monday it was committed to proceed with its planned 60 billion crown ($9.4 billion) rights issue despite a U.S. government order to halt construction of a near-complete project. ...
FOCUS-Battery startup Lyten yet to convince carmakers over Northvolt revival
FOCUS-Battery startup Lyten yet to convince carmakers over Northvolt revival
Aug 24, 2025
* Lyten to restart Northvolt's halted production plants -CEO * Lyten CEO: Deal will speed up lithium-sulfur production * BMW says Lyten will only be considered for future projects * FACTBOX: Competing battery technologies shape EV industry By Marie Mannes, Alessandro Parodi and Gilles Guillaume STOCKHOLM, Aug 25 (Reuters) - Silicon Valley startup Lyten will need to convince carmakers it...
Keurig Dr Pepper buys Dutch coffee company JDE Peet's for over $18 billion
Keurig Dr Pepper buys Dutch coffee company JDE Peet's for over $18 billion
Aug 24, 2025
(Corrects typographical error) (Reuters) -Keurig Dr Pepper on Monday said it will buy Dutch coffee company JDE Peet's for 15.7 billion euros ($18.38 billion). ($1 = 0.8544 euros) ...
Factbox-Competing battery technologies shape the EV industry
Factbox-Competing battery technologies shape the EV industry
Aug 24, 2025
(Reuters) -Startups worldwide are racing to develop new battery technologies using materials like sodium and sulfur or other innovative chemistries, aiming to cut costs and reduce reliance on some critical minerals to supply electric vehicles (EVs). China controls 85% of the global battery cell production, and 90% of processing of raw materials used in two lithium-ion variants that dominate today's...
Copyright 2023-2025 - www.financetom.com All Rights Reserved