Loading...
Loading...
Browse all stories on DeepNewz
VisitWill Seven Bank expand its ATM network beyond 7-Eleven locations by mid-2025?
Yes • 50%
No • 50%
Official announcement from Seven Bank or financial news reports
Seven & i Holdings Considers $58 Billion Buyout to Go Private with Itochu, Ito Family Amid Expansion Plans
Nov 13, 2024, 02:47 AM
Seven & i Holdings, the parent company of 7-Eleven, is contemplating a management buyout valued at approximately $58 billion. This potential move aims to take the company private, with financial backing from banks, Itochu Corporation, and the founding Ito family. The decision comes amid market pressures and a desire to avoid foreign acquisition, particularly in light of aggressive interest from Couche-Tard. Concurrently, Seven Bank, which is partly owned by Seven & i, plans to expand its ATM network beyond 7-Eleven locations into other convenience stores, according to CEO Masaaki Matsuhashi. Additionally, Seven & i Holdings recently closed all eight of its convenience stores in Israel this summer.
View original story
Sell Non-Core Assets • 25%
Seek Alternative Buyers • 25%
Strengthen Defense Against Acquisition • 25%
Other • 25%
Yes • 50%
No • 50%
Itochu Corp. • 25%
Alimentation Couche-Tard • 25%
Another corporation • 25%
No additional corporations involved • 25%
Yes • 50%
No • 50%
Ito family buyout succeeds • 25%
Couche-Tard acquires Seven & i • 25%
No acquisition takes place • 25%
Other outcome • 25%
Yes • 50%
No • 50%
No • 50%
Yes • 50%
Yes • 50%
No • 50%
Exits more international markets • 25%
Expands into new countries • 25%
Other strategic focus • 25%
Focuses on existing markets • 25%
Other strategy • 25%
No expansion beyond 7-Eleven • 25%
Expands to other convenience stores • 25%
Expands to other retail locations • 25%