Founding Family Gives Up Buyout Plan for Japan's Seven & i
Tokyo, Feb. 27 (Jiji Press)--A founding family of Seven & i Holdings Co. has given up its acquisition plan for the Japanese retail giant due to financing difficulties, the company said Thursday.
Trading house Itochu Corp., which had been mulling a possible investment of around 1 trillion yen, also said that it will not join the buyout plan.
(2025/02/27-14:02)
To read a full story, please click here to find out how to subscribe.
BUSINESS
-
02/27 22:43 (Update) Fuji Media Longtime Director Hieda Resigns from Advisory Panel - 02/27 21:49 Uber Japan, Japan Post to Offer Parcel Delivery Service
- 02/27 20:51 Fuji Media Longtime Director Hieda Resigns from Advisory Panel
- 02/27 18:56 Japan Post Holdings Announces Sale of Shares in Banking Unit
-
02/27 15:56 Stolen Cash from Mizuho Safe Deposit Boxes Totals 66 M. Yen - 02/27 14:02 Founding Family Gives Up Buyout Plan for Japan's Seven & i
- 02/26 22:37 TEPCO Kashiwazaki-Kariwa N-Plant Seen Staying Offline for Longer
- 02/26 21:30 Japan Firms to Offer Drone Video-Shooting Services for Tourists
- 02/26 20:57 Itochu Not to Join Seven & i Buyout by Founding Family
- 02/26 20:21 Japan Post to Cut Stake in Banking Unit to 50 Pct or Less
- 02/26 20:19 Jins Releases Device to Use PC by Head Movements
- 02/26 18:02 Mitsubishi Heavy to Promote Mogami-Class Frigate in Australia
- 02/26 17:12 Japan's New Condo Price Hits Record High in 2024
- 02/26 10:38 Toyota's Management Structure to Go thru Shake-Up
- 02/25 22:56 ANA to Order 77 New Airplanes
- 02/25 20:54 Nippon Steel Still Aims to Acquire U.S. Steel: CEO
- 02/25 18:01 Yamaha to Sell Unmanned Pesticide Spray Vehicles in N. America
- 02/22 22:10 Bain Seen as Preferred Bidder for Seven & i Supermarket Biz
- 02/22 21:20 Toyota Unveils "Woven City" to Test Future Mobility
- 02/21 22:00 Nissan May Seek Investment from Tesla: FT
- 02/21 10:56 Japanese Luxury Cruise Ship Asuka III to Enter into Service in July
