The Japan TimesMar 6, 2025
The Japanese owner of 7-Eleven has announced a raft of measures to fend off a takeover by a Canadian rival, including a $13.2-billion share buyback and an initial public offering of its U.S. unit. https://www.japantimes.co.jp/business/2025/03/06/companies/seveni-announcement/?utm_medium=Social&utm_source=mastodon #business #companies #seveniholdings #stephendacus #ryuichiisaka #alimentationcouchetard #seveneleven #conveniencestores
Seven & I announces measures to fend off Couche-Tard takeover

The announcements are the latest twist in a saga that began last year when Seven & I rebuffed a takeover offer from Canada's Alimentation Couche-Tard.

The Japan Times
The Japan TimesMar 4, 2025
Seven & I Holdings plans to rebuff a proposed takeover by Alimentation Couche-Tard, a media report said, with the Japanese retailer seeking to boost its valuation on its own. https://www.japantimes.co.jp/business/2025/03/04/companies/seven-i-reject-buyout-proposal/?utm_medium=Social&utm_source=mastodon #business #companies #ryuichiisaka #seveniholdings #stephendacus #alimentationcouchetard #seveneleven #stocks #mergers #acquisitions
Seven & I to reject Couche-Tard’s buyout proposal, report says

A special committee reviewing the offer decided in favor of keeping the Japanese convenience store chain independent because of antitrust concerns in the U.S.

The Japan Times
The Japan TimesMar 3, 2025
Seven & I Holdings Chief Executive Officer Ryuichi Isaka is stepping down from his position, the Nikkei newspaper reported without citing sources. https://www.japantimes.co.jp/business/2025/03/03/companies/seveni-ceo-replacement/?utm_medium=Social&utm_source=mastodon #business #companies #ryuichiisaka #seveniholdings #stephendacus #alimentationcouchetard #seveneleven #stocks
7-Eleven owner to appoint first foreign CEO, report says

The owner's plan to take the company private to avoid being taken over by Couche-Tard collapsed last week, piling pressure on it to reconsider the $47 billion takeover proposal.

The Japan Times
The Japan TimesOct 24, 2024
A plan by Seven & I Holdings to split in two and expand abroad will help the retailer almost double group revenue, CEO Ryuichi Isaka said in an appeal to shareholders as Alimentation Couche-Tard seeks to buy the convenience-store operator. https://www.japantimes.co.jp/business/2024/10/24/seven-i-investors-double-revenue/ #business #seveniholdings #seveneleven #conveniencestores #ryuichiisaka
The Japan TimesOct 11, 2024
Seven & I essentially unveiled a plan to split in two, betting that such a bold breakup will help fend off an unsolicited takeover proposal from a smaller rival and make up for a sluggish profit outlook. https://www.japantimes.co.jp/business/2024/10/11/companies/seven-i-split/ #business #companies #seveniholdings #seveneleven #conveniencestores #retailers #corporategovernance #ryuichiisaka #alimentationcouchetard #acquisitions
Seven & I to split in two to fend off Couche-Tard takeover bid

The big question is if the move will be enough to win over any investors warming to Couche-Tard’s approach.

The Japan Times
The Japan TimesOct 10, 2024
Seven & I Holdings has detailed plans to rename itself and shed dozens of noncore businesses, accelerating restructuring efforts as it tries to fend off a buyout proposal from Alimentation Couche-Tard. https://www.japantimes.co.jp/business/2024/10/10/companies/seven-i-earnings/ #business #companies #seveniholdings #sevenelevenconveniencestores #retailers #corporategovernance #ryuichiisaka
Seven & I to embrace 7-Eleven name as it sheds noncore businesses

The plans accelerate restructuring efforts in the face of an unsolicited ¥7 trillion takeover proposal from Alimentation Couche-Tard.

The Japan Times
The Japan TimesAug 20, 2024
If successful, Alimentation Couche-Tard’s proposed acquisition of Seven & i Holdings wouldn’t just be the largest takeover of a Japanese company, it would also be extremely rare. https://www.japantimes.co.jp/business/2024/08/20/companies/seven-i-buyout-implications/ #business #companies #seveniholdings #seveneleven #conveniencestores #alimentationcouchetard #ryuichiisaka
Seven & i buyout would be a watershed moment for Japan takeovers

Until now, an attempt to acquire such a well-known Japanese business at such scale would have been dismissed as audacious and unlikely.

The Japan Times
The Japan TimesMay 25, 2023
Seven & I Holdings management won a proxy fight against a foreign activist fund that sought a change in leadership in order to push a bold shift for the business strategy of 7-Eleven. https://www.japantimes.co.jp/news/2023/05/25/business/corporate-business/seven-i-proxy-fight-management-win/?utm_content=buffer73bfb&utm_medium=social&utm_source=mastodon&utm_campaign=bffmstdn #news #corporate #retailers #conveniencestores #ryuichiisaka #seveni #valueact #itoyokotado
Seven & I management wins showdown with foreign investor over 7-Eleven strategy

ValueAct Capital, a U.S.-based fund and major shareholder of Seven & I, was seeking to replace several directors, including current President Ryuichi Isaka, with their own candidates.

The Japan Times
The Japan TimesMay 24, 2023
Seven & I Holdings is under pressure from a foreign shareholder that wants to secure more control in its business through a proxy fight at the annual shareholders meeting set for Thursday. https://www.japantimes.co.jp/news/2023/05/24/business/corporate-business/seven-and-i-shareholder-meeting-showdown/?utm_content=bufferebcfe&utm_medium=social&utm_source=mastodon&utm_campaign=bffmstdn #news #corporate #retailers #conveniencestores #ryuichiisaka #seveni #valueact #itoyokotado
Seven & I and activist fund ValueAct set for a showdown at shareholders meeting

Despite making a steady recovery from the impacts of the COVID-19 pandemic, Seven & I Holdings is facing pressure from a foreign shareholder that claims the firm is wasting its potential.

The Japan Times