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1. www.bnnbloomberg.ca › investing › 2024/10/10Seven & i to Split Into Two to Fend Off Couche-Tard Takeover

   www.bnnbloomberg.ca › investing › 2024/10/10

   Oct 10, 2024 · Isaka said Seven & i will keep a minority stake in the retail business that will be split off and called York Holdings Co. An investor relations day is being planned for Oct. 24 to provide more details on the initiative. Operating profit for the latest quarter that ended in August fell 20% to ¥128 billion, on net sales of ¥3.3 trillion.

   • Seven & I Investor Urges Deal Negotiation, Not Restructuring

     Seven & i will keep a minority stake in the retail business...

2. www.bnnbloomberg.ca › investing › 2024/10/16Seven & I Investor Urges Deal Negotiation, Not Restructuring

   www.bnnbloomberg.ca › investing › 2024/10/16

   3 days ago · Seven & i will keep a minority stake in the retail business that will be split off and called York Holdings Co. An investor relations day is being planned for Oct. 24 to provide more details on the initiative.

3. www.reuters.com › business › retail-consumerJapan's Seven & i, facing a $47 billion Couche-Tard bid, to ...

   www.reuters.com › business › retail-consumer

   Oct 10, 2024 · "Going forward each business will follow its own growth story," Seven & I CEO Ryuichi Isaka told a briefing, but added that Seven & i would retain a minority stake in York Holdings to continue to ...

4. ca.finance.yahoo.com › news › seven-may-establishJapan's Seven & i unveils restructuring plan as $47 billion ...

   ca.finance.yahoo.com › news › seven-may-establish

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   Oct 10, 2024 · Seven & i Holdings announced on Thursday a roadmap to hive off underperforming businesses and focus on its convenience store operations, as the retailer aims to fend off a $47-billion takeover bid from Canada's Alimentation Couche-Tard. The Japanese operator of 7-Eleven stores is facing pressure to convince investors it can enhance value after having rejected ACT's first bid in August, which ...

5. www.axios.com › pro › retail-deals7-Eleven parent Seven & i plans split - Axios

   www.axios.com › pro › retail-deals

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   Oct 10, 2024 · The company will retain a minority stake in its retail business, it said, and name the separated company York Holdings Co. The 7-Eleven side of the business will be renamed 7-Eleven Corp. "Going forward each business will follow its own growth story," Seven & i CEO Ryuichi Isaka said.

6. www.bnnbloomberg.ca › business › company-newsCouche-Tard makes revised offer for 7-Eleven owner

   www.bnnbloomberg.ca › business › company-news

   Oct 9, 2024 · Seven & i Holdings Co. Ltd. said in a Wednesday statement that it had received a revised confidential, private and non-binding proposal from Alimentation Couche-Tard. The Laval, Que.-based business, which also owns stores under the Couche-Tard and Ingo banners, did not immediately respond to a request seeking confirmation of the proposal or ...

7. People also ask

   Will seven & I keep a minority stake in York Holdings Co?

   • Isaka said Seven & i will keep a minority stake in the retail business that will be split off and called York Holdings Co. An investor relations day is being planned for Oct. 24 to provide more details on the initiative. Operating profit for the latest quarter that ended in August fell 20% to ¥128 billion, on net sales of ¥3.3 trillion.

   Seven & i Will Split Into Two to Fend Off Couche-Tard Takeover

   www.bnnbloomberg.ca/investing/2024/10/10/seven-i-will-split-into-two-to-fend-off-couche-tard-takeover/

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   How many subsidiaries does York holdings have?

   • The new holding company, to be called York Holdings, is set to house 31 subsidiaries, including the group's superstores business, general goods store Loft, baby goods store Akachan Honpo and the operating company of Denny's restaurants in Japan.

   Japan's Seven & i, facing a $47 billion Couche-Tard bid, to separate som…

   www.reuters.com/business/retail-consumer/seven-i-may-establish-holding-company-non-core-assets-says-yomiuri-2024-10-10/

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   How many subsidiaries does seven & I have?

   • The new company would contain a total of 31 subsidiaries, including the group's superstores business, general goods store Loft, baby goods store Akachan Honpo and the operating company of Denny's restaurants in Japan, Seven & i's presentation said.

   Japan's Seven & i, facing a $47 billion Couche-Tard bid, to separate som…

   ca.finance.yahoo.com/news/seven-may-establish-holding-company-031441686.html

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   Should Seven & I's board members be disclosed?

   • Artisan Partners also called for the members of Seven & i’s special board committee to be disclosed “to maintain accountability and in keeping with standard practice.” Seven & i will keep a minority stake in the retail business that will be split off and called York Holdings Co.

   Seven & I Investor Urges Deal Negotiation, Not Restructuring

   www.bnnbloomberg.ca/investing/2024/10/16/seven-i-investor-says-revamp-aimed-at-fending-off-couche-tard/

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   When will seven & I become an equity method affiliate?

   • Seven & i aims for the new company to become an equity method affiliate by February 2026, with an initial public offering planned for some time thereafter. Despite divestments of some non-core holdings, such as department store unit Sogo & Seibu last year, Seven & i's operations remain expansive.

   Japan's Seven & i, facing a $47 billion Couche-Tard bid, to separate som…

   www.reuters.com/business/retail-consumer/seven-i-may-establish-holding-company-non-core-assets-says-yomiuri-2024-10-10/

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   Why did Couche-Tard buy seven & I?

   • An acquisition of Seven & i would mark the biggest-ever takeover of a Japanese company. Since Couche-Tard’s approach became public, Seven & i sought, and received, a designation of being a core business essential to national security, a step that was seen as an attempt to make it harder for a foreign entity to take over the company.

   Seven & i Will Split Into Two to Fend Off Couche-Tard Takeover

   www.bnnbloomberg.ca/investing/2024/10/10/seven-i-will-split-into-two-to-fend-off-couche-tard-takeover/

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8. csnews.com › seven-i-holdings-plans-business-breakupSeven & i Holdings Plans Business Breakup | Convenience Store ...

   csnews.com › seven-i-holdings-plans-business-breakup

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   Oct 10, 2024 · The latter holding company, in which Seven & i will keep a minority stake, is to be named York Holdings Co. Seven & i seeks for it to become an equity method affiliate by February 2026, with an ...