Itochu Decides Not to Join Management Buyout of Seven & I, Nikkei Reports

Dow Jones

Feb 26, 2025

--Itochu Corp. has decided not to join a management buyout of Seven & i Holdings by the 7-Eleven owner's founding Ito family, the Japanese business daily Nikkei reported Wednesday, without citing sources.

--Itochu was considering investing about 1 trillion yen, equivalent to $6.71 billion, the Nikkei report said.

--Seven & i's founding family will continue with efforts to secure financing for the buyout, the Nikkei reported.

Full story (in Japanese): https://www.nikkei.com/article/DGXZQOUC187AV0Y4A211C2000000/

Write to Kosaku Narioka at kosaku.narioka@wsj.com

(END) Dow Jones Newswires

February 26, 2025 03:03 ET (08:03 GMT)

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i Holdings by the 7-Eleven owner's founding Ito family, the Japanese business daily Nikkei reported Wednesday, without citing sources. \n</p>\n<p>\n  --Itochu was considering investing about 1 trillion yen, equivalent to $6.71 billion, the Nikkei report said. \n</p>\n<p>\n  --Seven &amp; i's founding family will continue with efforts to secure financing for the buyout, the Nikkei reported. \n</p>\n<pre>\n \n</pre>\n<p>\n  Full story (in Japanese): https://www.nikkei.com/article/DGXZQOUC187AV0Y4A211C2000000/ \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Kosaku Narioka at kosaku.narioka@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 26, 2025 03:03 ET (08:03 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"FT_SY_JNI","symbol_name":"OSE日经","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2514888886","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2514888886","pubTimestamp":1740556980,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"--Itochu Corp. has decided not to join a management buyout of Seven & i Holdings by the 7-Eleven owner's founding Ito family, the Japanese business daily Nikkei reported Wednesday, without citing sources.--Itochu was considering investing about 1 trillion yen, equivalent to $6.71 billion, the Nikkei report said.--Seven & i's founding family will continue with efforts to secure financing for the buyout, the Nikkei reported.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"SVNDY":"Seven & I Holdings Co., Ltd.","BK4113":"食品零售"},"translate_title":"据日经新闻报道，伊藤忠商事决定不参与Seven&I的管理层收购","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NKmain":1,"JNImain":1,"SVNDY":0.9,"JMImain":1,"NIYmain":1},"content_text":"--Itochu Corp. has decided not to join a management buyout of Seven & i Holdings by the 7-Eleven owner's founding Ito family, the Japanese business daily Nikkei reported Wednesday, without citing sources. \n\n\n  --Itochu was considering investing about 1 trillion yen, equivalent to $6.71 billion, the Nikkei report said. \n\n\n  --Seven & i's founding family will continue with efforts to secure financing for the buyout, the Nikkei reported. \n\n\n \n\n\n  Full story (in Japanese): https://www.nikkei.com/article/DGXZQOUC187AV0Y4A211C2000000/ \n\n\n \n\n\n  Write to Kosaku Narioka at kosaku.narioka@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 26, 2025 03:03 ET (08:03 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"merge","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}