Japan's Seven & i announces restructuring, new CEO to fend off $47 billion takeover bid
Seven & i Holdings , the Japanese operator of the 7-Eleven convenience store chain, appointed its first foreign CEO and handed him the task of overhauling its business to fend off a $47 billion overseas takeover bid and engineer a recovery.
Seven & i Holdings , the Japanese retail giant at the centre of a takeover battle, is finalising a plan for its chief ...
CEO Ryuichi Isaka will step down from May 27, with lead outside director Stephen Dacus taking up the role on the same day.
The moves are part of the 7-Eleven chain operator’s plans to fend off a $47 billion takeover bid from Alimentation ...
Eleven, plans a North American IPO by late 2026 while appointing its first non-Japanese CEO and selling its superstore ...
Ever since a Canadian suitor came along with a takeover proposal, the owner of 7-Eleven has been grappling with two seemingly ...
The company also announced a share buyback of 2 trillion yen ($13.2 billion) and plans to list its North American subsidiary, ...
The Japanese parent company of convenience store chain 7-Eleven is reportedly preparing for its current president, Ryuichi ...
Seven & i to name Stephen Dacus as new CEO and announce restructuring plan, including a $13.4 billion buyback and asset sales ...
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