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Shares in Seven & i Holdings dropped around 1% in Japan trading Wednesday following news of the company’s request for protection. Seven & i Holdings declined to comment when approached by Fortune .
Seven & i Holdings Co., Ltd. (株式会社セブン&アイ・ホールディングス) is a Japanese diversified retail holdings company headquartered in Nibanchō, Chiyoda, Tokyo. On September 1, 2005, it was established as a result of the integration of three companies: Ito-Yokado , Seven-Eleven Japan , and Denny's Japan.
In a filing with the Tokyo Stock Exchange, the owner of 7-Eleven revealed that Couche-Tard had offered to acquire all outstanding shares of Seven & i for $14.86 per share. According to LSEG data ...
A portion of the 13,000 7-Eleven locations across the U.S. and Canada are experiencing slowing sales, less foot traffic and inflationary pressures, Seven & I Holdings stated in a quarterly ...
It is a subsidiary of Seven & I Holdings. The company was established in 1973 as York Seven (ヨークセブン, Yōku Sebun) by the supermarket chain Ito-Yokado in collaboration with Southland Corporation, now known as 7-Eleven, Inc, an American convenience store chain. As of 2022, Seven-Eleven is the largest convenience store chain in Japan ...
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News of the deal sent shares of Seven & i surging by almost 23% in Tokyo, valuing the retailer at around 5.6 trillion yen ($38 billion). Couche-Tard, which operates Circle-K convenience stores, is ...