Japan's Nikkei rebounds; Advantest drops as Nvidia's strong growth forecast fails to cheerJapan's Nikkei share average slightly rose 0.15% after previous declines, despite chip company Advantest falling. Nvidia's firm results did...
PE firm Apollo eyes $9.5 billion stake in Seven & i's buyoutApollo Global Management is looking to invest in a plan by Seven & i's Ito family to privatize the Japanese convenience store operator. Apo...
KKR, Bain bids ranged from $4.8 bn to $7.6 bn for Seven & i assetsPrivate equity firms KKR and Bain Capital made offers for the non-core assets of Japan's Seven & i Holdings. KKR offered around 800 billion...
Bidding race for 7-Eleven owner touches $58 billion as founding family enters frayThe offer for Ito-Kogyo, a company linked to Vice President Junro Ito and a top shareholder in 7-Eleven owner, is non-binding and under rev...
Japan's Nikkei rises as Fast Retailing jumps; earnings jitters weighJapan's Nikkei share average reached a two-week high, driven by Fast Retailing's gains. Despite caution among investors during the earnings...
Japan's Nikkei rallies on Wall Street gains, softer yenAmong the Tokyo Stock Exchange's 33 industry groupings, transport equipment, which includes automakers, climbed 2.4% and was among the top ...
Tech leads Japan's Nikkei lower; yen retreat caps lossesJapan's Nikkei share average fell on Monday, with technology stocks among the biggest decliners, although the benchmark index escaped steep...
Tokyo's Nikkei index dives 3% after global market slumpTokyo's Nikkei index shed more than three percent on Monday, after weaker than expected US jobs growth and speculation over a Fed rate cut ...
Japan's Nikkei falls on caution ahead of US jobs dataJapan's Nikkei share average fell on Friday for a fourth straight session ahead of the release of the key U.S. non-farm payrolls, while a s...
Why 7-Eleven is a national treasure in Japan7-Eleven stores in Japan are facing a takeover bid from Canadian company Alimentation Couche-Tard. Operating under Seven & i Holdings, thes...
Japan's Nikkei ends lower as stronger yen drags ahead of US jobsThe Japanese currency strengthened back to the 145 levels per dollar after falling as far as 147.34 the previous day, although a halt in th...
Japan's Nikkei rebounds on softer yen, tech gainsJapan's Nikkei index climbed 1.8%, driven by a softer yen and gains in tech stocks following U.S. economic optimism. Key performers include...
Canada's Couche-Tard looks to take over 7-Eleven ownerAlimentation Couche-Tard made a proposal to acquire Seven & i Holdings, aiming to create the world's leading operator of convenience stores...
European stocks slip as Carrefour abandons takeover talksThe pan-European STOXX 600 index slipped 0.2% by 0810 GMT, extending losses from Friday when the benchmark index snapped a four weeks of ga...
European stocks subdued on Orsted profit warning; Carrefour surgesCarrefour SA was up 10.6% after Canadian convenience-store operator Alimentation Couche-Tard Inc said it had approached Europe's biggest re...
Marathon Petroleum sells Speedway to 7-Eleven owner for $21 billionFor Seven & i, owner of the 7-Eleven convenience store chain, the deal helps it shift its focus beyond a saturated Japan market, multiplyin...
Coronavirus takes toll on global M&A as $1 bn deals disappearFor the first time since September 2004, no merger and acquisition deal worth more than $1 billion was announced worldwide last week, accor...