Seven & i makes no mention of US$47bil buyout bid in laying out growth plan


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

TOKYO: Japanese conglomerate Seven & i Holdings laid out a growth plan on Thursday that focused on its core 7-Eleven convenience stores and avoided any mention of a $47 billion takeover bid from Canada's Alimentation Couche-Tard.

Seven & i held an "investor day" to brief analysts and investors on its plan to hive off underperforming businesses and expand overseas as it battles to win over critics and remain independent.

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