TOKYO -- Japan's Seven & i Holdings, owner of the 7-Eleven convenience store chain, is planning to sell part of its bank unit, Seven Bank, to trading house Itochu, Nikkei learned on Tuesday.
Business deals
Japan's Seven & i eyes selling stake in bank unit to Itochu
Trading house to buy nearly 10% stake, becoming one of the major shareholders
Seven & i Holdings plans to sell part of its banking business to trading house Itochu to focus more on its convenience store business.
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