tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Seven & i Holdings Finalizes Subsidiary Transfer Agreement

Story Highlights
Seven & i Holdings Finalizes Subsidiary Transfer Agreement

Elevate Your Investing Strategy:

Seven & I Holdings Co ( (JP:3382) ) has issued an announcement.

Seven & i Holdings Co., Ltd. has finalized an agreement to transfer the rights and obligations of 29 companies, including several key subsidiaries, to a new entity established by Bain Capital through an absorption-type split. This strategic move, which involves significant investment from Bain Capital and the company’s founder family, aims to streamline operations and potentially enhance market positioning without affecting the capital of the involved entities.

The most recent analyst rating on (JP:3382) stock is a Hold with a Yen2800.00 price target. To see the full list of analyst forecasts on Seven & I Holdings Co stock, see the JP:3382 Stock Forecast page.

More about Seven & I Holdings Co

Seven & i Holdings Co., Ltd. operates in the retail industry, focusing on food supermarkets, specialty stores, and other businesses. The company manages a range of subsidiaries, including Ito-Yokado Co., Ltd., York-Benimaru Co., Ltd., and others, under the umbrella of YORK Holdings Co., Ltd.

Average Trading Volume: 7,310,539

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen5958.9B

Find detailed analytics on 3382 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1