Seven & i (3382.JP) plans to spin off its North American business for listing

AASTOCKS
2025.08.06 06:03

According to Reuters, Stephen Dacus, CEO of Seven & i Holdings (3382.JP), the operator of Japan's 7-Eleven convenience stores, revealed plans to spin off its North American business for an IPO in the second half of 2026, aiming to raise funds to accelerate the development of its U.S. operations, with expectations to open new stores and explore potential acquisition opportunities.

Last month, Canada's Alimentation Couche-Tard withdrew its proposal to acquire Seven & i for $47 billion. Stephen Dacus pointed out that Couche-Tard failed to present a concrete plan to overcome U.S. regulatory hurdles during the process

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