This file photo taken on Oct 4, 2022 shows customers walking out of a 7-Eleven convenience store in Tokyo. -Photo by Richard A. Brooks / AFP
TOKYO: Japan's Seven & i Holdings has received a buyout proposal from a member of its founding Ito family, it said on Wednesday following a report that the 7-Eleven owner was considering a management buyout offer worth up to $58 billion.
The offer from Ito-Kogyo, a company linked to Vice President Junro Ito, is non-binding and is now being reviewed by a special committee previously set up by Seven & i, the retailer said in a statement.
