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Update: Market Chatter: KKR, Apollo, Blackstone, Bain Approached by Japan's Seven and I on Possible Takeover
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Update: Market Chatter: KKR, Apollo, Blackstone, Bain Approached by Japan's Seven and I on Possible Takeover
Nov 25, 2024 6:12 AM

08:45 AM EST, 11/25/2024 (MT Newswires) -- (Updates with Bain Capital's response in the last paragraph.)

KKR (KKR), Apollo Global Management ( APO ) , Blackstone Group (BX) and Bain Capital have been approached by Seven and I Holdings on the possibility of participating in the potential takeover of the retail company, Nikkei Asia reported Saturday.

On Wednesday, Seven and I said in a statement that "no decision has been made" yet on reported attempts by the company to raise funds for a takeover.

Bain declined to comment when contacted by MT Newswires while KKR, Apollo, and Blackstone did not immediately respond to requests for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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