It is reported that, at the request of the founding family of Seven & I Holdings, Itochu Corporation from japan has started to consider joining the acquisition plan for the company. Itochu owns FamilyMart under its umbrella. Although the founders of Seven & I are in urgent need of securing funds, there are voices within Itochu that believe that deciding on investment is not an easy matter, and coordination work may encounter obstacles. The founder's side is led by the founder's second son, Shunro Ito, who is the vice president of Seven & I, along with the founder's asset management company. According to the plan, the founder's side will establish a special purpose company aimed at implementing the acquisition, and once the acquisition is completed, the company will be delisted. This move aims to counter the 7 trillion yen acquisition proposal put forward by Canadian convenience store giant Alimentation Couche-Tard. The expected acquisition amount from the founder's side is approximately 9 trillion yen, for which efforts to raise funds are being advanced. (Kyodo News)