Seven & i Founding Family Explores Buyout Options with KKR and Others

Reported about 10 hours ago

The founding family of Japan's Seven & i Holdings is exploring a buyout with investment firms including KKR, Bain Capital, and Apollo Global Management, as reported by Nikkei. Concerns about securing enough capital from banks have prompted these discussions, with a funding decision expected by the end of December. Meanwhile, Seven & i faces pressure to enhance its value amidst a $47-billion takeover bid from Alimentation Couche-Tard.

Source: YAHOO

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