Seven & i Plans to Sell Partial Stake in Bank Unit to Itochu, Nikkei Reports

Dow Jones

May 20, 2025

--Seven & I Holdings Plans to Sell Part of Its Banking Unit, Seven Bank. to Trading House Itochu Corp., Japanese Business Daily Nikkei Reported Tuesday, Without Citing Sources.

--The Japanese Retail Giant Will Discuss a Potential Sale of About 10% of Seven Bank to Itochu, the Report Said.

--The Nikkei Report Didn't Include Comments From Seven & I or Itochu.

Full story: https://asia.nikkei.com/Business/Business-deals/Japan-s-Seven-i-eyes-selling-partial-stake-in-bank-unit-to-Itochu

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

(END) Dow Jones Newswires

May 20, 2025 02:55 ET (06:55 GMT)

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