Itochu drops Seven & I buyout, putting Couche-Tard back in limelight
The news would place Alimentation Couche-Tard’s offer back in the limelight. Shares of Seven & I Holdings dropped more than 12% on Thursday, closing at ¥2,118, down 10.95% from the day before. “There is no actionable proposal from Mr. Junro Ito and Ito-Kogyo for 7&i to consider at this time,” Seven & I said in a statement.
In Japan these days there is nothing quite like an annual meeting to focus the mind of a company losing its strategic way.
Shares of Alimentation Couche Tard Inc. ATD slid 2.06% to C$70.50 Wednesday, in what proved to be an otherwise all-around ...
Junro Ito, son of Seven & i founder Masatoshi Ito and a current vice president and representative director, and his company ...
The 7-Eleven owner said that as a result there is no actionable acquisition proposal from the founding family to consider at ...
A white knight bid for Japan’s Seven & i Holdings Co. has been derailed after a member of its founding family told the retail ...
The proposal worth over $50 billion by Junro Ito, the son of the founder of Seven & i Holdings, was aimed at fending off a ...
Shares of Alimentation Couche Tard Inc. ATD rallied 1.14% to C$71.98 Tuesday, in what proved to be an all-around favorable ...
Shares of Japan's Seven & i Holdings plunged as much as 12.44% Thursday after the company said the founding family had failed ...
The founding Ito family of Japan's Seven & i Holdings failed to secure financing for a $58 billion management buyout, sending ...
Japan’s Seven & I Holdings 3382.T said on Thursday the retailer’s founding Ito family could not secure the financing required ...
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