7-Eleven Owner Reports Profit Drop, Keeps Guidance Unchanged
The 7-Eleven owner said Thursday that net profit fell 65% from a year earlier to 63.63 billion yen, equivalent to $401.3 ...
Convenience Store News12d
M&A 2024: Big Dramas and Big Deals That Beg ‘What’s Next’?
That drama played out throughout much of 2024, so even the potential for a deal lands it on that calendar as the major M&A ...
Seven & I Expected to Post 25% Drop in Third-Quarter Net Profit -- Earnings Preview
NET PROFIT: Seven & i is expected to report net profit of 76.8 billion yen, equivalent to $487.2 million, for the three months ended Nov. 30, according to a poll of analysts by Visible Alpha. That ...
NBC Washington1mon
Seven & i shares surge on report its founding family is raising over $50 billion to take the firm private
Seven and i said "no decision has been made regarding a proposed deal with Junro Ito, Ito Kogyo, ACT [Alimentation Couche-Tard] or other third parties at this time," Reuters reported. Junro Ito is ...
Couche-Tard’s bid for 7-Eleven owner raises national-security concerns, Japan’s Economy Minister says
The comments are the first by a senior Japanese government official about security issues raised by Couche-Tard’s takeover ...
SeafoodSource3d
Buyout offer from Canadian convenience store firm shakes up Japan’s Seven & i Holdings
Tokyo, Japan-based retail firm Seven & i Holdings is fending off a buyout offer from Laval, Quebec, Canada-based convenience ...
Reuters1mon
7-Eleven battle shows resilience of Japan Inc's family ties
Ito-Kogyo, the company tied to Junro Ito that is bidding for Seven & i, holds only about 8.2% of the retailer. Historically, family control of businesses in Japan has been "more persistent than ...
Yahoo Finance2mon
Seven & i receives buyout offer from one of its largest shareholders
The shareholder, Ito-Kogyo Co., is a private company affiliated with Junro Ito, Seven & i’s vice president and representative director. Ito is also the son of Masatoshi Ito, founder of Seven & i ...
The New York Times26d
A 7-Eleven Heir’s $50 Billion Fight to Keep the Company in the Family
A battle for control of the chain shows how traditional business models embraced by family owners are clashing with a more shareholder-centric approach. Credit...Joseph Gough Supported by By River ...