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Top related persons:
Tard - 2 Junro Ito - 2 Ito - 2 Masatoshi Ito - 2 Alimentation - 1 Ryuichi Isaka - 1 Junro - 1 — - 1
Top related locs:
Canadian Japan Quebec Dallas
Top related orgs:
Seven - 2 Holdings - 1 Street Journal - 1 i's - 1 Bloomberg - 1 Southland Ice Company - 1 Business - 1 NHK - 1

Search resuls for: "Junro"


2 mentions found


☆ 7-Eleven is at the center of a multibillion-dollar bidding war
  + stars: | 2024-11-24 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com   time to read: +3 min
AdvertisementSeven & i Holdings, owner of 7-Eleven stores, is at the center of a three-way bidding war. Japan-based Seven & i Holdings, owner of the iconic global chain of 7-Eleven convenience stores, is at the center of an intensifying bidding war, multiple outlets reported. The 7-Eleven chain was founded in 1927 in Dallas, per The Journal. It was originally called the Southland Ice Company but was rebranded in 1946 to be called 7-Eleven based on its hours of operation. Representatives for Alimentation Couche-Tard and 7-Eleven did not immediately respond to requests for comment from Business Insider.
Persons: Alimentation, Tard, Ryuichi Isaka, Junro Ito, Ito, Masatoshi Ito, Junro, —, Yokado Organizations: Holdings, Street Journal, i's, Seven, Bloomberg, Southland Ice Company, Business Locations: Canadian, Japan, Quebec, Dallas
☆ Seven & i shares surge on report its founding family is raising over $50 billion to take the firm private
  + stars: | 2024-11-20 | by ( Lim Hui Jie | ) www.cnbc.com   time to read: +1 min
Shares of 7-Eleven owner Seven & i soared nearly 11% on Wednesday after a report said the company's founding family was raising more than $50 billion to take the company private within this fiscal year. According to a report by Japanese public broadcaster NHK, the founding family will raise over 8 trillion yen ($51.66 billion) from "three Japanese megabanks and major American financial institutions," according to a Google translation of the report in Japanese. Should this acquisition go through, it will be the largest buyout of a Japanese company to date, NHK said. Seven and i said "no decision has been made regarding a proposed deal with Junro Ito, Ito Kogyo, ACT [Alimentation Couche-Tard] or other third parties at this time," Reuters reported. Junro Ito is Seven & i's vice president and the son of late Masatoshi Ito, founder of Seven & i. Ito-Kogyo is a company affiliated with the vice president, and is Seven and i's second-largest stakeholder with an 8.2% stake.
Persons: Junro Ito, Ito Kogyo, Masatoshi Ito, Ito, Tard Organizations: NHK, Seven, ACT, Reuters
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