Business dealsSeven & i founding family under deadline pressure over buyout plan
Itochu, CP Group and others approached for funding, but investors are concerned
Masatoshi Ito founded the retail group that became Seven & i Holdings by taking over a clothing store run by his uncle. (Nikkei montage/Source photo by Akira Kodaka)
TAMAYO MUTO and FRANCESCA REGALADO
February 13, 2025 13:58 JST
TOKYO/BANGKOK -- The founding family of Japan's Seven & i Holdings, owner of the 7-Eleven convenience store chain, has approached potential backers at home and abroad as it tries to finalize a buyout plan to fend off a takeover bid from Canada's Alimentation Couche-Tard.