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Seven & i Holdings buyout talks hit roadblock over control issues, report says

Published 26/02/2025, 10:02
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Investing.com -- The consortium proposing a management buyout of Seven & i Holdings Co., worth ¥9 trillion ($60 billion), has run into a standstill due to disagreements over future control of the 7-Eleven operator, Bloomberg reported on Wednesday.

The Ito family, the founders of the company, and Itochu Corp. (TYO:8001) have not yet reached an agreement on the board composition of the entity that will emerge after the buyout, the report said.

The Nikkei newspaper earlier reported that Itochu Corp. may withdraw from the deal due to these unresolved issues.

The final decision on the makeup of the board and the future control of the 7-Eleven operator is yet to be determined.

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