Japan's Seven & i says receives buyout proposal from founding Ito family

Japan's Seven & i says receives buyout proposal from founding Ito family

FILE PHOTO: Seven & i’s logo is seen at a 7-Eleven convenience store in Tokyo, Japan August 19, 2024. REUTERS/Kim Kyung-Hoon/File Photo

Japan’s Seven & i Holdings has received a buyout proposal from a member of its founding Ito family, it said on Wednesday, following a report that the 7-Eleven owner was considering a management buyout offer worth up to $58 billion.

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