Itochu drops Seven & I buyout, putting Couche-Tard back in limelight
The news would place Alimentation Couche-Tard’s offer back in the limelight. Shares of Seven & I Holdings dropped more than 12% on Thursday, closing at ¥2,118, down 10.95% from the day before. “There is no actionable proposal from Mr. Junro Ito and Ito-Kogyo for 7&i to consider at this time,” Seven & I said in a statement.
Japan's Seven & i Holdings is set to abandon a $58 billion management buyout led by the retailer's founding family after ...
Trading company Itochu Corp. is withdrawing from a management buyout of Seven & i Holdings Co. Ltd. proposed by the global ...
TOKYO -- A Danish company partly owned by Japanese trading house Itochu and major utility Osaka Gas has started producing green hydrogen with an annual capacity of about 3,000 tonnes, one of the ...
The consortium proposing a management buyout of Seven & i Holdings Co. “has been unable to secure the financing required to ...
Shares of Japan's Seven & i Holdings plunged as much as 12.44% Thursday after the company said the founding family had failed ...
Shares of five Japanese trading houses were on a tear after Buffett wrote in Berkshire Hathaway's annual shareholder letter ...
Negotiations within the consortium proposing a ¥9 trillion ($60 billion) management buyout of Seven & i Holdings Co. have ...
Berkshire Hathaway is committed to its Japanese investments for the long term and has reached an agreement with the companies ...
Itochu had considered investing US$6.69-billion in the deal but ultimately saw low synergies between its food and beverage business and Seven & i, the Nikkei newspaper reported ...
TOKYO -- Seven & i Holdings is running out of alternatives to a proposed acquisition by Canada's Alimentation Couche-Tard after trading house Itochu decided not to participate in its proposed ...
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