Exclusive-KKR, Bain bids ranged from $4.8 billion to $7.6 billion for Seven & i assets, sources say

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TOKYO : Private equity firms including KKR and Bain Capital offered from around 750 billion yen ($4.8 billion) to around 1.2 trillion yen ($7.6 billion) in a first round of bidding for the non-core assets of Japan's Seven & i Holdings, according to people familiar with the matter.

A spokesperson for Seven & i declined to comment, saying the bidding process wasn't public.

Exclusive-KKR, Bain bids ranged from $4.8 billion to $7.

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Category: EconomyBusiness

Markets: SingaporeCanadaJapan

Topics: Bids Ranged Billion People Bain Declined Offered Japan Exclusive-kkr Seven

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-25 @ 11:46:05 (16 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 322 words

Reading Time: 2 minutes read

Sentences: 16 lines

Sentence Length: 21 words per sentence (average)

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Copyright Owner: © Channel News Asia

News ID: 24656446

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