Seven-Eleven opened its first store in Japan 50 years ago in 1974. It now has more than 20,000 outlets across the country. On May 15, 1974, the first Seven-Eleven store opened in Toyosu, Tokyo. Back ...
The two U.S. banks’ role in the bid would be to refinance the debt of Seven & I’s U.S. unit, one of the people said. The company had debt of ¥2.7 trillion ($17.8 billion) as of November, 56% of which ...
The moves are part of the 7-Eleven chain operator’s plans to fend off a $47 billion takeover bid from Alimentation Couche-Tard, which runs the rival Circle K chain. Seven & i Holdings, the Japanese ...
Seven & i Holdings, the Japanese operator of the 7-Eleven convenience store chain, announced a change of CEO and plans to restructure its business in the face of a $47 billion foreign takeover bid.
The ¥9 trillion ($60 billion) proposed management buyout of Seven & i Holdings Co. is set to include plans for an initial public offering of its North American convenience stores and gasoline stations ...
Lead independent outside director Stephen Dacus will take charge from CEO Ryuichi Isaka on May 27. The company also announced a share buyback of 2 trillion yen ($13.2 billion) and plans to list its ...
The Circle K operator cited Seven & i’s “lack of constructive engagement” in its decision to withdraw the bid, while Seven & i said it was disappointed but not surprised. Couche-Tard’s withdrawal of ...
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