Seven & i: Public Letter To Shareholders On Engagement With Alimentation Couche-Tard On Antitrust Issues And Succession Process
March 10 (Reuters) - Seven & i Holdings Co Ltd 3382.T:
SEVEN & I: DIRECTOR JOSEPH MICHAEL DEPINTO RESINGED AS OF MARCH 9
SEVEN & I: 7&I HOLDINGS ISSUES PUBLIC LETTER TO SHAREHOLDERS ON ENGAGEMENT WITH ALIMENTATION COUCHE-TARD ON ANTITRUST ISSUES AND SUCCESSION PROCESS
SEVEN & I: WE WILL NOT BLINDLY ENTER A TRANSACTION WITH NO CLEAR PATH TO CLOSING THAT COULD LEAVE OUR COMPANY IN A VALUE DESTRUCTIVE LIMBO FOR MULTIPLE YEARS
SEVEN & I: WE PROPOSED ACTIONABLE PATHS THAT ACT COULD TAKE TO MITIGATE THAT RISK
SEVEN & I: PROPOSED THAT ACT AND 7&I COULD IMMEDIATELY MAP OUT THE VIABILITY OF A DIVESTITURE PROCESS AND IDENTIFYING POTENTIAL BUYERS
SEVEN & I: WE AND OUR ADVISORS BELIEVE WE CAN NOW MAKE PROGRESS TOWARDS DETERMINING WHETHER A CREDIBLE AND ACTIONABLE REMEDY AND DIVESTITURE PACKAGE CAN BE ACHIEVED THAT WOULD ALLOW A REALISTIC ASSESSMENT OF ACT’S PROPOSAL
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