Seven & i Holdings Co.’s plan to split in two and expand abroad will help the retailer almost double group revenue, Chief Executive Officer Ryuichi Isaka said in an appeal to shareholders as Alimentation Couche-Tard seeks to buy the Japanese convenience store operator.
Read the full article on the BNN Bloomberg website
NAM Implications:
- “Investors should expect global growth”…
- Begging the question:
- Why has it taken an attempted takeover to make this logical move?
- (Given we are now in an era of business simplification, stripping out of less profitable parts…)
