Seven & I Holdings Co., Ltd. ADR (SVNDY)
Dominating US cigarette sales, a combined 7-Eleven, Circle K would face risk from vapes, cheap smokes
A Couche-Tard takeover of 7-Eleven owner Seven & i would position the combined convenience store chain to dominate U.S. cigarette sales and try to push tobacco companies for better prices and promotions - including on fast-growing nicotine pouches like ZYN.
Seven & i considers selling down supermarket stake ahead of IPO, sources say
Japan's Seven & i Holdings is considering selling a stake in its supermarket unit ahead of a planned listing of the business, two sources said, as the 7-Eleven owner aims to speed up an overhaul after rejecting a takeover from Alimentation Couche-Tard.
Seven & i Holdings Plans to Sell Supermarket Business Majority Stake
Seven & i Holdings, the parent company of 7-Eleven in Japan, is reportedly preparing to initiate the process of selling a majority stake in its supermarket business by the end of the year. This move includes its Ito Yokado chain of supermarkets.
Seven & i to start sale of majority stake in supermarkets by year-end, Nikkei says
Japan's Seven & i Holdings plans to seek buyers for a majority stake in its supermarket businesses, including its flagship Ito-Yokado, with the process to begin as early as the end of this year, Nikkei business daily reported on Friday.
Focus: Some 7-Eleven owners in Japan fed up with strategy, welcome foreign bid
As much as Jun Nagao doesn't like the idea of foreigners scooping up Japanese companies, the former 7-Eleven franchise owner thinks a takeover would bring welcome change to the retail giant where he spent decades.
Should Value Investors Buy Seven and I Holdings Co. (SVNDY) Stock?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Japan says Seven & i now 'core' to national security
Japanese retail giant Seven & i Holdings has been classified as "core" to national security, according to an updated finance ministry list released on Friday.
7-Eleven parent rejects acquisition proposal from Canada-based convenience store giant
Seven & i on Friday declined the preliminary proposal that Alimentation Couche-Tard made last month to acquire the Japanese corporate parent of the 7-Eleven convenience store chain.
7-Eleven's Owner Turned Down a Takeover Bid — But It's Open to Offers
Japan's Seven & i rejected a $39 billion takeover by Canada's Alimentation Couche-Tard, though the 7-Eleven chain operator remained open to another bid by the owner of the Circle K convenience store brand.
Are Investors Undervaluing Seven and I Holdings Co. (SVNDY) Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
As 7-Eleven's Japan owner weighs a bid, U.S. fans crave 'conbini' food
Seven & i Holdings turned the humble 7-Eleven store into a popular food destination in Japan by serving up fresh sandwiches, rice balls and rows of boxed lunches, changing how millions of people eat.
7-Eleven parent company facing possible acquisition
Alimentation Couche-Tard is looking to acquire another major convenience store player — Seven & i, the parent company of the 7-Eleven chain.
