Seven & i investor Artisan says it supports both offers for Japanese retailer

Quick Summary:

TOKYO : Artisan Partners, an investor in Japanese retail giant Seven & i Holdings, called on the company's special committee to consider a formal bidding process of competing takeover proposals to secure the highest offer.

In a statement, Artisan portfolio manager Ben Herrick said the fund supports both offers at this stage.

FILE PHOTO: A pedestrian walks past Japan's Seven & I’s 7-Eleven convenience store in Tokyo, Japan, August 19, 2024.

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Article Details

Category: EconomyBusiness

Markets: SingaporeCanadaJapan

Topics: Secure Seven Artisan Experience File Tokyo Offer Mediacorp Photo: 2024

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-14 @ 12:34:21 (2 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 161 words

Reading Time: 1 minutes read

Sentences: 11 lines

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Copyright Owner: © Channel News Asia

News ID: 23579942

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