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| Name | Symbol | Market | Type |
|---|---|---|---|
| Seven and I Holdings Company Ltd (PK) | USOTC:SVNDY | OTCMarkets | Depository Receipt |
| Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.15 | -1.17% | 12.67 | 12.44 | 12.79 | 12.838 | 12.61 | 12.79 | 116,200 | 21:10:19 |
From Jun 2022 to Jun 2024
By Denny Jacob
--Activist investor ValueAct Capital Partners LP urged Seven & I Holdings Co. shareholders to back a spinoff of the company's 7-Eleven convenience store chain, Reuters reported, citing a letter it reviewed.
--ValueAct, which owns a 4.4% stake in Seven & I, argued that a tax-free spinoff of 7-Eleven could be completed through a listing on the Tokyo Stock Exchange in about a year, the report said.
--ValueAct didn't immediately respond to a request for comment from Dow Jones Newswires.
Full story at https://www.reuters.com/markets/deals/valueact-calls-seven-i-spin-off-7-eleven-retail-chain-2023-01-19/
Write to Denny Jacob at denny.jacob@wsj.com
(END) Dow Jones Newswires
January 19, 2023 14:16 ET (19:16 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
1 Year Seven and I (PK) Chart |
1 Month Seven and I (PK) Chart |
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