Seven & i consortium reportedly picks BofA, Citi for financing

Published 06/02/2025, 10:34
© Reuters.

Investing.com -- Citigroup Inc (NYSE:C). and Bank of America Corp (NYSE:BAC). have been enlisted to provide financing for the consortium aiming to take Seven & i Holdings Co. private, Bloomberg reported on Thursday.

The role of these two US banks will be to refinance the debt of Seven & i’s US unit, the report said, citing people familiar with the matter.

CP All Plc, the Thai conglomerate that holds the Thai franchise for 7-Eleven, is also weighing plans to take an equity stake in the management buyout of about ¥500 billion, the report added.

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