Seven & i Shareholders Approve Dacus-Led New Board

Seven & i Shareholders Approve Dacus-Led New Board

Seven & i shareholders are gathering for a meeting in Tokyo on Tuesday.
Seven & i shareholders are gathering for a meeting in Tokyo on Tuesday.

   Tokyo, May 27 (Jiji Press)--Seven & i Holdings Co. shareholders on Tuesday approved a new board of directors led by President and CEO Stephen Hayes Dacus and Chairman Junro Ito, a member of the Japanese retailer's founding family.
   The company has been in talks with Canadian convenience store operator Alimentation Couche-Tard on its proposal to acquire Seven & i, while exploring ways to boost its corporate value on its own.

To read a full story, please click here to find out how to subscribe.

(C)JIJI PRESS LTD., All rights reserved.