Apollo Global Management is considering a major stake in Seven & i's bid for privatization

From Investing.com: 2025-01-09 23:16:27

Apollo Global Management is considering a major stake in Seven & i’s bid to go private in Japan. They may invest up to 1.5 trillion yen post-privatization. The Ito family and Itochu Corp are also key investors in the potential deal, with equity stakes totaling 4 trillion yen.

Seven & i Holdings Co., Ltd., the parent company of 7-Eleven, has attracted takeover interest. Canada’s Alimentation Couche Tard Inc. previously bid 7.5 trillion yen, prompting the Ito family’s consortium buyout consideration. Seven & i’s market cap was 6.3 trillion yen, with shares rising 5% despite a 24% earnings drop.



Read more at Investing.com: Apollo Global weighs $9.5 bln stake in Seven & i privatization bid- Bloomberg By Investing.com