Sumitomo, U.S. Funds Bid for Seven & i's Supermarket Biz
Tokyo, Nov. 28 (Jiji Press)--Japanese trading house Sumitomo Corp. and U.S. investment funds were among those that applied in the first round of bidding for Seven & i Holdings Co.'s supermarket and other operations, it was learned Thursday.
Seven & i will begin assessing the bids for York Holdings Co., its wholly owned intermediate holding company that controls 31 units including supermarket chain Ito-Yokado Co., in order to sell over half of its stake by February 2026.
(2024/11/28-21:56)
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