Bain Seen as Preferred Bidder for Seven & i Supermarket Biz
Tokyo, Feb. 22 (Jiji Press)--Seven & i Holdings Co. plans to select U.S. investment fund Bain Capital as the preferred bidder for a stake in an intermediate company that runs the retail group's supermarket and other operations, it was learned Saturday.
Bain Capital is believed to have offered more than 700 billion yen for the corporate value of York Holdings Co., which owns supermarket chain Ito-Yokado and other units.
(2025/02/22-22:10)
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