Japan's Seven & i to bundle non-core assets into holding company, as Couche-Tard looms

📆 10/10/2024 07:52:00
📰 Investingcom

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Japan's Seven & i to bundle non-core assets into holding company, as Couche-Tard looms

TOKYO -Japan's Seven & i Holdings will set up a holding company for its non-core assets to bring in outside investment and is planning to change its name, the retailer said on Thursday.

The operator of 7-Eleven convenience stores - numbering over 80,000 worldwide - has been under pressure from investors to divest from its large portfolio of peripheral businesses.

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