Seven & I Holdings is considering selling a stake in its supermarket unit ahead of a planned listing of the business, two sources said, as the 7-Eleven owner aims to speed up an overhaul after rejecting a takeover from Alimentation Couche-Tard.
Neither the timeline of the potential sale nor the size of the stake were immediately clear. Seven & I was considering selling to an investor such as a fund, said the sources, both of whom had knowledge of the matter but declined to be identified because the information has not been made public.
The supermarket business includes the Ito-Yokado chain, one of Japan's best-known grocery store businesses. Seven & I in April said it was considering listing the supermarket business as early as the 2027 financial year.
With your current subscription plan you can comment on stories. However, before writing your first comment, please create a display name in the Profile section of your subscriber account page.