7-Eleven owner says founding family unable to secure massive funding for buyout

Japan’s Seven & I Holdings 3382.T said on Thursday the retailer’s founding Ito family could not secure the financing required for a $58 billion management buyout, and it would consider a rival offer from Canada’s Alimentation Couche-Tard ATD.TO.

​ Japan’s Seven & I Holdings 3382.T said on Thursday the retailer’s founding Ito family could not secure the financing required for a $58 billion management buyout, and it would consider a rival offer from Canada’s Alimentation Couche-Tard ATD.TO. Read More Breaking News, Latest News and Videos | CNN