Japan's Seven & I, the parent company of the Japanese 7-Eleven convenience store chain, says it is selling its supermarket store assets to Bain Capital for about $5.4 billion.

Japan's Seven & I, the parent company of the Japanese 7-Eleven convenience store chain, says it is selling its supermarket store assets to Bain Capital for about $5.4 billion.

Seven & i Holdings, the Japanese operator of the 7-Eleven convenience store chain, is expected to announce on Thursday a change of CEO and plans to restructure its business, sources said, as it faces a $47 billion foreign takeover bid.

SEVEN & i Holdings, the Japanese operator of the 7-Eleven convenience store chain, appointed its first foreign CEO and handed him the task of overhauling its business to fend off a US$47 billion overseas takeover bid and engineer a recovery.

Bain Capital aims to list Seven & i Holdings' supermarket and retail business in around three years after boosting synergies within the group, an executive of the U.S. private equity firm said on Thursday.

STORY: Big changes have come for the owner of 7-Eleven convenience stores.Japan's Seven & i announced a change of CEO on Thursday (March 6).Ryuichi Isaka is due to step down as chief executive in late May.

China's HongShan Capital Group (HSG) has hired Komi Kyu from Bain Capital to head a new local office in Japan, three sources with knowledge of the matter said. Kyu, who joined HongShan as a managing director in January,

Lead outside director Stephen Dacus was named the Japanese company’s first foreign CEO. Read more at straitstimes.com.

Japan's Seven & I, the parent company of the Japanese 7-Eleven convenience store chain, says it is selling its supermarket store assets to Bain Capital for about $5.4 billion Japan’s Seven & i ...

Seven & i Holdings, the Japanese operator of the global 7-Eleven convenience store chain, is expected to announce a leadership change on Thursday and plans to restructure its business as it faces a $47 billion foreign takeover bid.