Seven & I Holdings is betting it can boost value by hiving off underperforming businesses and focusing on mainstay 7-Eleven stores, with the outcome of such a strategy determining whether it can outmaneuver a $47 billion Canadian takeover bid. https://www.japantimes.co.jp/business/2024/10/15/companies/japan-seven-i-turnaround/ #business #companies #seveni #seveneleven #conveniencestore #retailers #alimentationcouchetard

Alimentation Couche-Tard sent Seven & I Holdings a new potential acquisition price of $47.2 billion, people with knowledge of the matter said, showing the Canadian company is still seeking to enter takeover talks after its initial bid was rejected. https://www.japantimes.co.jp/business/2024/10/09/companies/couche-tard-seven-i-new-proposals/ #business #companies #couchetard #seveni #conveniencestores #stocks #acquisitions

Seven & I must do more than talk to push suitor Couche-Tard to offer a full price. Now is the time to get on with things it should have done long ago. https://www.japantimes.co.jp/commentary/2024/09/19/japan/7-eleven-circle-k-sale/ #commentary #japan #couchetard #circlek #seveni

7-Eleven parent's new security rating won't affect a buyout, minister says https://www.japantimes.co.jp/business/2024/09/17/companies/seven-eleven-new-security-rating/ #business #companies #alimentationcouchetard #seveni #acquisitions

Canada's Alimentation Couche-Tard is weighing an improved bid for Seven & I Holdings after the Japanese convenience store operator rejected its $39 billion buyout approach last week. https://www.japantimes.co.jp/business/2024/09/12/companies/couche-tard-higher-price-offer-7-eleven/ #business #companies #alimentationcouchetard #seveni #acquisitions

The 7-Eleven convenience store chain, a deeply ingrained part of modern Japanese life, faces a potential takeover by Canadian company Alimentation Couche-Tard. https://www.japantimes.co.jp/commentary/2024/08/21/7-eleven-buyout/ #commentary #7eleven #alimentationcouchetard #seveni #conbini #convenientstores

The future of Sogo & Seibu, a loss-making major department store operator seeking a business turnaround, remains uncertain following its troubled sale to U.S. investment fund Fortress Investment Group in September. https://www.japantimes.co.jp/business/2023/12/06/companies/sogoseibu-reconstruciton-uncertain/?utm_content=bufferc2055&utm_medium=social&utm_source=mastodon&utm_campaign=bffmstdn #business #companies #sogoseibu #departmentstores #seveni #tokyo #jobs #acquisitions

Fortress Investment Group, which has acquired Sogo & Seibu, plans to maintain a total of 10 Sogo and Seibu department stores in Japan and the employment of current store workers for the time being, sources have said. https://www.japantimes.co.jp/business/2023/09/06/companies/sogo-seibu-department-stores-fortress/?utm_content=buffercb1e4&utm_medium=social&utm_source=mastodon&utm_campaign=bffmstdn #business #companies #sogoseibu #departmentstores #fortress #seveni

Japanese retailer Seven & I Holdings has announced the replacement of Takuji Hayashi as president of Sogo & Seibu in an apparent move to pave the way for a sale of the department store unit. https://www.japantimes.co.jp/business/2023/08/02/sogo-seibu-president-replaced/?utm_content=bufferff66c&utm_medium=social&utm_source=mastodon&utm_campaign=bffmstdn #business #seveni #sogoseibu #departmentstores

Seven & I Holdings management won a proxy fight against a foreign activist fund that sought a change in leadership in order to push a bold shift for the business strategy of 7-Eleven. https://www.japantimes.co.jp/news/2023/05/25/business/corporate-business/seven-i-proxy-fight-management-win/?utm_content=buffer73bfb&utm_medium=social&utm_source=mastodon&utm_campaign=bffmstdn #news #corporate #retailers #conveniencestores #ryuichiisaka #seveni #valueact #itoyokotado

Seven & I Holdings is under pressure from a foreign shareholder that wants to secure more control in its business through a proxy fight at the annual shareholders meeting set for Thursday. https://www.japantimes.co.jp/news/2023/05/24/business/corporate-business/seven-and-i-shareholder-meeting-showdown/?utm_content=bufferebcfe&utm_medium=social&utm_source=mastodon&utm_campaign=bffmstdn #news #corporate #retailers #conveniencestores #ryuichiisaka #seveni #valueact #itoyokotado