TOKYO — With its founding family plotting a management buyout, Japan’s Seven & i Holdings now has three choices for its future: going private with the family, accepting a takeover bid by Canada’s Alimentation Couche-Tard, or going it alone.
If the Japanese owner of the 7-Eleven retail chain chooses to go private through a buyout by the founding Ito family or remain independent, the group will pursue its previously announced strategy of focusing on convenience store operations worldwide.
