A proposed management buyout of Seven & i Holdings Co. by a group including the Ito family and Itochu Corp. has collapsed due to lack of funding commitments, raising the possibility that Canadian company Alimentation Couche-Tard Inc. may move forward with its $47 billion bid for the Japanese convenience store chain.
Source: https://www.bloomberg.com/news/articles/2025-02-27/seven-i-shares-plunge-after-management-buyout-collapses