Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag Seven & I Holdings plans a management buyout to block a $47B takeover by a Canadian firm.

flag Seven & I Holdings, a major Japanese retail company, is planning a management buyout to fend off a $47 billion takeover bid by Canadian firm Alimentation Couche-Tard. flag The buyout, potentially worth ¥4 trillion, would be partly financed by Citigroup and Bank of America, who will help refinance the company's debt. flag The Ito family, Itochu, and potentially Apollo Global Management and KKR, are involved in the buyout. flag Thai conglomerate CP All is also considering investing in the deal.

8 Articles