Ito family raising 52 bil to privatize 7-Eleven chain & fend off Couche-Tard's hostile takeover

The founding family of the 7-Eleven chain of convenience stores is planning to take the holding company, Seven & I, private by Mar 2025.

It is currently in talks with major local and international banks and Japanese conglomerates to raise the 52 bil required to take the company private and fend off a hostile takeover by Canada's Alimentation Couche-Tard with a bid price of 47 billion.




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