Published 1 day ago • loading... • Updated 1 hour ago

Seven & i to replace CEO, list North American subsidiary in second half of 2026

Japan's Seven & I is selling its supermarket store assets to Bain Capital for about $5.4 billion.
Stephen Dacus has been named the new president and CEO of Seven & I.
An initial public offering of 7-Eleven's North American business is planned for the end of 2026.
The company's share price increased by 6.1% following the announcement of the deal.

Insights by Ground AI

Does this summary seem wrong?

26 Articles

All

Left

Center

Right

France24

+2 Reposted by 2 other sources

7-Eleven owner seeks to fend off takeover with buyback, US IPO

The Japanese owner of 7-Eleven announced on Thursday a raft of new measures to fend off a takeover by a Canadian rival, including a huge share buyback and an IPO of its US unit.

5 hours ago·France

Read Full Article

Kyodo News+

Seven & i appoints new CEO, hopes to fend off takeover bid

Seven & i Holdings Co. says it has appointed outside director Stephen Dacus as CEO, as it seeks to maximize its corporate value through a massive share buyback and restructuring under the new leadership, to fend off a takeover bid by a Canadian rival.

6 hours ago·Japan

Read Full Article

WFAA 8abc

7-Eleven parent company announces major changes

Seven & i Holdings says it’s planning to hold an initial public offering of its North American convenience store business by the second half of 2026.

9 hours ago·Dallas, United States

Read Full Article

Associated Press News

+3 Reposted by 3 other sources

Japan's Seven & i sells retail business to Bain Capital for $5.4 billion, plans IPO

Japan's Seven & I, the parent company of the Japanese 7-Eleven convenience store chain, says it is selling its supermarket store assets to Bain Capital for about $5.4 billion.

10 hours ago·United States

Read Full Article

UPI

7-Eleven parent company announces restructuring and CEO change

In a major restructuring Seven & i Holdings, parent company of 7-Eleven, said Thursday that Stephen Dacus will become its new President and CEO May 27 replacing Ryuichi Isaka.

11 hours ago·Washington, United States

Read Full Article