Bain Capital said it intends to pursue further deals to grow a Japanese supermarket company it acquired from Seven & i Holdings Co., while seeking to take it public in three years.

Japan’s Seven & i, the parent company of the Japanese 7-Eleven convenience store chain, said Thursday it is selling its supermarket store assets to Bain Capital for about $5.4 billion. The company announced the deal a day after naming Stephen Dacus,

TOKYO (Reuters) - Bain Capital aims to list Seven & i Holdings' supermarket business in around three years after boosting synergies within the group, an executive of the U.S. private equity firm said on Thursday.

Bain Capital is nearing a deal to buy Seven & i Holdings Co.’s supermarket business, according to people familiar with the matter.