Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag Ito family leads $58B buyback bid for 7-Eleven parent, combating foreign takeover.

flag The Ito family, founders of 7-Eleven's parent company Seven & I Holdings, is leading a $58 billion bid to buy back the company, countering a Canadian takeover attempt. flag This move reflects a growing trend in Japan where founding families are using shareholder activism to reclaim control through management buyouts, encouraged by new governance standards and government guidelines. flag The trend shows that even with minimal ownership, families can exert significant influence over corporate decisions.

11 Articles

Further Reading