Seven & i shares plunge over 12% as management buyout falls through
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Shares of Japan's Seven & i Holdings plunged as much as 12.44% Thursday after the company said the founding family had failed to secure the financing needed to buyout the convenience store operator.
Earlier on Thursday, Yomuiri newspaper reported that Seven & i had abandoned the…
This story appeared on cnbc.com, 2025-02-27 00:52:45.