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KKR, Bain each offered over $5B for Seven & I assets, Reuters reports

Private equity firms KKR (KKR) and Bain Capital each offered more than $5B in first-round bids for the non-core assets of Japan’s Seven & I Holdings (SVNDF), people familiar with the matter told Reuters’ Miho Uranaka, Makiko Yamazaki and Ritsuko Shimizu.

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