Founder's Son Proposes Buyout of Japan's 7-Eleven Owner, Seven & i Holdings, Potentially Highest Management Buyout in History

A significant development has emerged in the ongoing acquisition saga of Japan's 7-Eleven owner, Seven & i Holdings. The founder's son has proposed a buyout of the company, which has intensified the competition with Canadian firm Alimentation Couche-Tard, the current owner of Circle K. This move by the founding family, along with support from other Japanese investors, aims to counter Couche-Tard's bid for Seven & i. If accepted, this buyout could potentially become the highest management buyout in history, marking a pivotal moment in the corporate struggle over the convenience store giant.