7-Eleven Owner Considers Major Management Buyout

1 min read
Source: Nikkei Asia
7-Eleven Owner Considers Major Management Buyout
Photo: Nikkei Asia
TL;DR Summary

Japan's Seven & i Holdings, the owner of the 7-Eleven convenience store chain, is considering a management buyout to go private, aiming to raise $38 billion. This move is intended to counter a takeover bid from Canada's Alimentation Couche-Tard. The founding family of Seven & i Holdings is reportedly seeking financial backing from institutions to support this buyout plan.

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