A man stands in front of a 7-Eleven convenience store along a street in central Tokyo on January 9, 2025. (Photo by Kazuhiro NOGI / AFP)
TOKYO: Japan’s Seven & i Holdings, operator of the 7-Eleven convenience store chain, has picked Bain Capital as its preferred buyer for a stake of its non-core assets, local media reported on Saturday.
Bain has been competing against rival private equity firm KKR and local buyout firm Japan Industrial Partners in bidding since late last year for a major stake in York Holdings, an entity that the retailer plans to spin off.
