Thursday , 21 November 2024
Home Forex Japan’s Seven & i Holdings is considering a management buyout
Forex

Japan’s Seven & i Holdings is considering a management buyout

Japan’s Seven & i Holdings is considering a management buyout to take itself private with funding from banks, Itochu Corp. and the founding Ito family in a transaction that could be worth US$58 billion

“People with knowledge of the matter” cited in the reports via Nikkei and Bloomberg.

The Japanese owner of 7-Eleven is considering going private by buying back its own shares in a bid to avoid a takeover attempt by Canadian rival Alimentation Couche-Tard, the news report says.

This article was written by Eamonn Sheridan at www.forexlive.com.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Zelensky says Russia used new missile in attack on Ukraine today

The missile was reportedly fired from Astrakhan and targeted critical infrastructure in...

GBPUSD Technical Analysis – Waiting for a breakout

Fundamental OverviewThe US Dollar continues to consolidate despite the higher-than-expected inflation figures...

ECB’s Patsalides: If Dec projections confirm baseline scenario, there is room to cut rates

Approach to rate cuts must be gradualBut if December projections confirm baseline...

DegenLayer Introduces the First Memecoin Focused Blockchain

DegenLayer, a newly launched memecoin focused blockchain & trading terminal app suite,...