Seven & I replace CEO, list North America’s subsidiary

Seven and i possessionThe father is 7-eleven, said on Thursday that he would replace Ryuichi CEO with a leading independent director Stephen Dokus, who for the first time makes the foreigner the chief leader According to household media.

Dacus will take responsibility from Isaac on May 27, the company said. Seven and I said that Isaac will remain a senior company advisor.

Currently, Dacus has been the head of a company’s special committee that estimates the $ 47 billion application from Canada Alimentation Couche-Tard. He was announced that he left the committee on March 5, and independent outside the director of Paul Jonamine replaced it.

Convenience The store operator also announced the ransom of shares of 2 trillion yen (13.2 billion dollars) and plans to list his subsidiary of North America, 7-eleven Inc.

The company said it would have most of the shares in the subsidiary, which will be listed in the second half of 2026.

The SEVEN & I shares ended at 6.11%as the rapid changes appeared on Thursday.

Seven and I also submitted an upgrade to the Canada Couche-Tard acquisition application, saying that a special committee created to consider the proposal, “was obliged to study all the possibilities of creating values, including active and constructive interaction with the ACT and will continue to do so.”

It states that the consistent obstacle that Couche-Tard proposal is needed to solve “serious problems of antitrust management in the US that any transaction will face.”

Speaking at a press conference on Thursday, Isaac stated that “there was no significant progress in finding an antitrust problem” regarding the application on Couche-Tard, Reuters reports.

The Dakou added that he did not know, “if Couche-Tard can improve the cost of our company,” adding that there is a “very high normative obstacle” in the US, especially in the US

However, the company found that it cooperates with Couche-Tard to gather a “potential package of imprisonment”, which could work effectively and provide competition between Couche-Tard and the buyer deprived of shops, even after the transaction.

Application for 47 billion dollars from Couche-Tard-One Active Application for seven and I, after Attempted management of management of the founders’ family failed Last week to ensure the financing required to take the store operator.

Other actions that the company also announced – this is that it will sell its business -group Superstore – consisting of supermarkets – Bain Capital investment company for $ 814.7 ($ 5.37 billion), and the transaction is supposed to end in September 2025.

Then Bain Capital plans to list the SEVEN & I Supermarket Business approximately three years after raising
According to the Reuters Synergies report.

Seven and I also plan to cut my share of ARM BANK banking services by selling your share to below 40%. Then seven banks will be deconsolidized from the company’s balance.

Seven and I said that ransom shares would be financed by the sale of their business group Superstore and IPO 7-Eleven Inc.

These ransoms will start when the sale is completed and is expected to end the financial year of the 2030 campaign.

The campaign will also be implemented by a dividend policy, adding that “it will continue to support or increase the number of dividends over time for the cash flow obtained as a result of normal activity.”