Retail News

Investment firm pushes Seven & i Holdings to spin off 7-Eleven

Reuters/U.S. News & World Report 04/04/2023

ValueAct Capital, which holds a 4.4 percent stake in Seven & i Holdings, is pushing the company to spin off its 7-Eleven convenience store business or sell off the entire company. The investment firm, which has been pushing Seven & i Holdings to make changes since 2020, plans to increase pressure in the lead-up to the company’s annual investor meeting.

Source: Reuters/U.S. News & World Report



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