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INTERVIEW: Seven & i to Avoid Takeover Bids with Growth

INTERVIEW: Seven & i to Avoid Takeover Bids with Growth

Incoming Seven & i Holdings Co. President Stephen Hayes Dacus answers questions from reporters in an interview in Tokyo's Chiyoda Ward on Thursday.
Incoming Seven & i Holdings Co. President Stephen Hayes Dacus answers questions from reporters in an interview in Tokyo's Chiyoda Ward on Thursday.

   Tokyo, April 25 (Jiji Press)--Incoming Seven & i Holdings Co. President Stephen Hayes Dacus emphasized in a recent interview the importance of expanding the Japanese retail giant's operations in order to avoid being targeted by acquisition bids.
   "If we can't grow sales and profits, we will receive acquisition proposals one after another," Dacus, who is set to become president next month, said. "If we can grow our company continuously, we won't be a target."

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AFP-JIJI PRESS NEWS JOURNAL


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