JIP, Bain among Bidders for Seven & i Supermarket Biz
Tokyo, Dec. 2 (Jiji Press)--Japan Industrial Partners Inc., an investment firm known as JIP, and U.S. investment fund Bain Capital are among bidders for York Holdings Co., which owns Seven & i Holdings Co.'s supermarket operations, people familiar with the matter said Monday.
The first round of bidding for York, which Seven & i set up in October to control some units, including supermarket chain Ito-Yokado Co., closed on Thursday. Seven & i plans to sell part of York by February 2026 to focus on its convenience store business.
(2024/12/02-21:03)
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