Family behind Japan's Seven & i pulls $58 billion buyout bid, shares dive
The founding Ito family of Japan's Seven & i Holdings failed to secure financing for a $58 billion management buyout, sending ...
7-Eleven Owner's Founding Family Fails in Bid to Fend Off Foreign Takeover — Update
The 7-Eleven owner in September rejected an initial $39 billion buyout bid from Couche-Tard, saying the proposal underestimated the company's value. Couche-Tard later raised its offer to about $47 ...
Beiersdorf expects organic growth to slow in 2025
Nivea maker Beiersdorf on Thursday said it expected organic growth to slow in the current year, citing weaker demand in the ...
Founding Family Fails in Bid to Buy Out 7-Eleven
The proposal worth over $50 billion by Junro Ito, the son of the founder of Seven & i Holdings, was aimed at fending off a ...
Seven & i hurtles towards a shareholder showdown
In Japan these days there is nothing quite like an annual meeting to focus the mind of a company losing its strategic way.
7-Eleven owner shares plunge as family buyout fails
Shares in the Japanese owner of 7-Eleven plunged as much as 12 percent on Thursday after the convenience store giant said its ...
Seven & i shares plunge over 12% as management buyout falls through
Shares of Japan's Seven & i Holdings plunged as much as 12.44% Thursday after the company said the founding family had failed ...
Seven & i Shares Plunge After Management Buyout Collapses
Seven & i Holdings Co. shares plunged after a proposed ¥9 trillion ($60 billion) management buyout collapsed, increasing pressure on the Japanese convenience store chain to engage with a rival bid ...