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Seven & i set to list North American 7-Eleven store business

Financial Times LogoFinancial Times13h ago

Seven & i set to list North American 7-Eleven store business - Financial Times

Quick Summary:

Seven & i has consistently said that one of the big blockages to a deal with Couche-Tard is antitrust issues in the US where the groups already occupy the top two spots.

The initial public offering of its North American convenience store business, with 13,145 stores in the US and Canada, is expected to be launched as soon as the second half of 2026.

The company said it would also carry out a large-scale buyback programme worth as much as ¥2tn by 2030 using the proceeds of the IPO and the sale to Bain of non-core assets that include supermarket, restaurant and speciality stores.


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Article Details

Author / Journalist: David Keohane

Category: MarketsFinanceInvesting

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-06 @ 07:34:26 (13 hours ago)

News Timezone: GMT -5:00

News Source URL: ft.com

Language: English

Article Length: 556 words

Reading Time: 4 minutes read

Sentences: 23 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Financial Times

News ID: 26691871

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About Financial Times

Financial Times Logo

Main Topics: MarketsFinanceInvesting

Official Website: ft.com

Update Frequency: 14 posts per day

Year Established: 1888

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #3

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