Seven & i Considers Selling Some Seven Bank Shares to Itochu
Tokyo, May 20 (Jiji Press)--Seven & i Holdings Co. is considering selling part of its stake in Seven Bank to Itochu Corp., people familiar with the matter said Tuesday.
The move is part of Seven & i's efforts to improve its corporate value by focusing on its convenience store business at a time when Canadian convenience store operator Alimentation Couche-Tard is trying to acquire the Japanese retailer.
(2025/05/20-21:33)