Apollo eyes $9.5 billion stake in Japan's Seven & i management buyout - report
Apollo Global Management (NYSE:APO) is weighing a significant investment of up to ¥1.5 trillion (approximately $9.5 billion) in a management buyout proposal for Seven & i (OTCPK:SVNDF), Bloomberg reported on Friday,
PE firm Apollo eyes $9.5 billion stake in Seven & i's buyout
Apollo Global Management is looking to invest in a plan by Seven & i's Ito family to privatize the Japanese convenience store operator. Apollo may invest up to ¥1.5 trillion. Ito family and Itochu Corporation are also key investors.
Apollo weighs $9.5 billion stake in Seven & I management buyout
Under the current proposal, Apollo would join the Ito family and Itochu, the operator of FamilyMart in Japan, as key investors.
Apollo reportedly considering US$9.5-billion investment in management buyout of Seven & i
Under the plan, Seven & i’s founding family will invest 500 billion yen in equity, trading company Itochu Corp will invest over 1 trillion yen in equity, and Apollo up to 1.5 trillion yen in preferred
Apollo considers $9.5 bln investment in Seven & i buyout, Bloomberg says
Seven & i said in November it had received a buyout proposal from the founding family, as it weighs a rival offer from Canada's Alimentation Couche-Tard
Apollo Considers €9.2bn Investment In Seven & i Buyout: Report
Apollo Global Management is considering investing as much as 1.5 trillion yen in a management buyout of Japan's Seven & i Holdings.
Apollo weighs 1.5 trillion yen stake in Seven & i management buyout
APOLLO Global Management is considering taking a substantial stake in a bid by Seven & i’s founding Ito family to take the Japanese convenience store operator private, sources familiar with the matter said.
Apollo Global considers $9.5B stake in Seven & I, Bloomberg reports
Apollo Global (APO) is considering taking a substantial stake in a bid by Seven & i’s (SVNDF) founding family to take the store operator
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