BRIEF-Seven & I Holdings: There Is No Actionable Proposal From Mr. Junro Ito And Ito-Kogyo For 7&I To Consider At This Time
Feb 27 (Reuters) - Seven & i Holdings Co Ltd 3382.T:
SEVEN & I HOLDINGS CO LTD - SEVEN & I HOLDINGS RESPONDS TO MEDIA REPORTS
SEVEN & I HOLDINGS CO LTD - LEARNED FROM JUNRO ITO, VICE PRESIDENT AND A REPRESENTATIVE DIRECTOR OF 7&I, AND ITO-KOGYO CO., LTD. (“ITO-KOGYO”), THAT THEY HAVE BEEN UNABLE TO SECURE THE FINANCING REQUIRED TO SUBMIT A DEFINITIVE PROPOSAL TO ACQUIRE 7&I
SEVEN & I HOLDINGS CO LTD - 7&I REMAINS COMMITTED TO EXPLORING ALL OPPORTUNITIES TO UNLOCK VALUE FOR SHAREHOLDERS AND CONTINUES TO ASSESS A FULL RANGE OF STRATEGIC ALTERNATIVES, INCLUDING THE PROPOSAL FROM ALIMENTATION COUCHE-TARD
SEVEN & I HOLDINGS CO LTD - SPECIAL COMMITTEE IS ENGAGING CONSTRUCTIVELY WITH ACT TO DETERMINE IF AN ACTIONABLE PROPOSAL CAN BE ACHIEVED THAT ADDRESSES THE SERIOUS U.S. ANTITRUST CHALLENGES THAT ANY SUCH TRANSACTION WOULD FACE
SEVEN & I HOLDINGS CO LTD - THERE IS NO ACTIONABLE PROPOSAL FROM MR. JUNRO ITO AND ITO-KOGYO FOR 7&I TO CONSIDER AT THIS TIME
Source text: ID:nTSnz8e65a
Further company coverage: 3382.T
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