On December 12, according to the Nikkei News, Bain Capital, KKR, and Japan Industrial Partners are competing in the next round of bidding for the non-core business of Seven & i Holdings, the parent company of the 7-Eleven convenience store chain in Japan. Seven & i is seeking to sell York Holdings, which operates the department store chain Ito-Yokado, the supermarket operator York-Benimaru, and other businesses. The report states that at least seven companies participated in the first round of bidding, which ended on November 28, including Sumitomo Corporation and Fortress Investment Group. For candidates that passed the first round, due diligence is expected to begin as early as the beginning of 2025.
消息称贝恩、KKR和JIP竞购7-11日本母公司Seven & i非核心业务
According to the news, Bain, KKR and JIP bid for 7-11's Japanese parent company Seven & i's non-core business
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