The billionaire executive at Seven & i Holdings, the Japanese parent company of 7-Eleven, felt the company had lost its way.
Seven & i Holdings Vice President Junro Ito swooped in last month with an offer to take private the company founded by his ...
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 ...
The Japanese company, Seven & i Holdings Co. Lt, has received two very large offers: one from Canada's Alimentation Couche-Tard for $47 billion, and one from Junro Ito, the son of Seven & i ...
The parent company of Irving-based 7-Eleven is the subject of a multibillion-dollar bidding battle that has been intensifying in recent weeks. At stake is the future of the largest U.S ...
Couche-Tard had first approached Seven & i in August for the largest-ever foreign buyout of a Japanese company. It had offered $38.5 billion, but raised it to $47 billion after Seven & i rejected ...
The battle for control of 7-Eleven is emblematic of sweeping changes underway in corporate Japan. For more than a decade, ...
Seven & i Holdings Vice President Junro Ito swooped in last month with an offer to take private the company founded by his late father in what would be the largest ever management buyout (MBO). Ito's ...
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 ...