Tag

Itochu Corp

All articles tagged with #itochu corp

business1 year ago•0 min saved

7-Eleven Owner Mulls $58 Billion Buyout to Go Private

Seven & i Holdings Co. is exploring a management buyout to potentially take the company private, with financial backing from banks, Itochu Corp., and the founding Ito family. The transaction could be valued at approximately ¥9 trillion ($58 billion) and may serve as an alternative for shareholders if Alimentation Couche-Tard Inc. intensifies its acquisition efforts.

via Bloomberg|

#alimentation-couche-tard #business #ito-family

business2 years ago•0 min saved

Warren Buffett boosts Japanese trading houses with stock holdings and bond offerings.

Warren Buffett is considering additional investment in Japanese stocks and holds a 7.4% stake in each of five Japanese trading houses, including Itochu Corp. The other trading houses are Mitsubishi Corp, Mitsui & Co, Sumitomo Corp, and Marubeni. Berkshire Hathaway had more than a 6% stake in each of those five trading houses, according to regulatory filings made in November last year.

via Reuters|

#berkshire-hathaway #business #investment