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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.
Seven & I Holdings, the Japanese operator of the 7-Eleven convenience store chain, appointed its first foreign CEO and handed him the task of overhauling its business to fend off a $47 billion ...
On August 19, 2024, it was reported that Alimentation Couche-Tard—owner of competitor Circle K—had made a buyout offer for Seven & i Holdings. [31] Later, on September 6, 2024, Seven & i Holdings rejected this offer as too low and rife with regulatory risk, although a "sweetened offer" may be considered. [32]
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 ...
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 ...
The owner of the 7-Eleven convenience store chain, Seven & i Holdings, hopes the Japanese government can give it leverage against a takeover by Canada’s Alimentation Couche-Tard.
Itō was the owner, founder and honorary chairman of the $30 billion (in sales) Ito-Yokado retailing group, the second largest retailing organization in the world, which includes more than 10,000 7-Elevens in Japan and the US. Itō built the company from a small apparel store in Tokyo, into a corporation with annual revenues of more than $28 ...
The founding family of Japan's Seven & i Holdings has approached KKR & Co and other investment firms about participating in the potential buyout of the retailer, the Nikkei newspaper reported on ...