According to sources cited by Bloomberg, Apollo Global Management from the USA is considering participating in the privatization plan of Seven & i, which holds the Japan 7-Eleven brand, planning to invest up to 1.5 trillion yen (approximately 9.5 billion USD) when the founder, the Ito family, undertakes privatization.
It is reported that under the new plan, Apollo, along with the Ito family and Itochu, the operator of FamilyMart convenience stores in Japan, will become the main investors. The investment commitment considered by the Ito family is approximately 500 billion yen, while Itochu's exceeds 1 trillion yen, with the remaining funds coming from Sumitomo Mitsui Financial, Mitsubishi UFJ Financial Group, and Mizuho Financial. The amount involved in the acquisition of equity is about 0.04 million yen.