Japan

7-Eleven Battle Shows Resilience Of Japan Inc's Family Ties

A rise in shareholder activism in Japan is poised to fuel a new wave of management buyouts by founding families, after the battle for 7-Eleven's parent com...

Seven & i Makes No Mention Of $47bn Buyout Bid In Laying Out Growth Plan

Japan's Seven & i will be looking to convince shareholders it can deliver long-term growth on its own when it speaks to them on Thursday (24 October).

Philip Morris Raises Annual Profit Forecast On Strong Demand For Nicotine Pouches

Philip Morris International raised its annual profit forecast after beating third-quarter estimates, betting on higher prices and resilient demand for its...

Seven & i's Revised Bid From Couche-Tard Sweetens Offer By A Fifth, Sources Say

Shares of Seven & i Holdings surged more than 10% on Wednesday (9 October) after Bloomberg News reported Alimentation Couche-Tard raised its takeover p...

7-Eleven Owner's 'Core' Classification Will Not Lift Buyout Hurdles, Minister Says

The new classification of 7-Eleven's parent company as "core" to Japanese national security will not raise hurdles to a potential buyout, Japan's...

Bid For 7-Eleven Owner Shows Japan's Governance Gains, Says Suntory CEO Niinami

A $39-billion (€35.3 billion) Canadian takeover bid for 7-Eleven's owner indicates a shift in Japan's corporate governance and has left CEOs "ner...

Japan's Seven & i Rejects Couche-Tard's Takeover Offer

Japanese retail giant Seven & i Holdings has turned down Canada's Alimentation Couche-Tard's $38.5 billion (€34.65 billion) cash bid.

Artisan Partners Urges Seven & i Update On Takeover Bid By 19 September

U.S. fund Artisan Partners Asset Management ramped up pressure on Japan's Seven and i Holdings, urging the retailer's board to provide an update on a takeo...