7-Eleven parent's new security rating won't affect a buyout, Japan minister says


A shopper leaving a 7-Eleven convenience store in Kawasaki, Japan. — Bloomberg

TOKYO: The new classification of 7-Eleven's parent company as "core" to Japanese national security will not raise hurdles to a potential buyout, Japan's finance minister said on Tuesday, comments that appeared aimed at easing investor concerns about the move.

"We can't say the core classification makes a buyout more difficult," Suzuki told reporters, days after Seven & i Holdings became one of 88 companies added to the government's list of companies regarded as crucial to national security.

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