Overview

• Seven & i Holdings will sell its underperforming supermarket unit, York Holdings, to Bain Capital for $5.4 billion, with the deal expected to close by September 2025.
• The company plans to list its North American convenience store business, 7-Eleven, on a major U.S. stock exchange by the second half of 2026.
• Proceeds from the asset sales and IPO will fund a $13.2 billion share buyback program through fiscal year 2030 to boost shareholder value.
• Stephen Dacus, Seven & i's lead outside director and head of its special committee, will become the company's first foreign CEO on May 27, 2025, succeeding Ryuichi Isaka.
• The restructuring is part of efforts to fend off a $47 billion takeover bid by Canadian rival Alimentation Couche-Tard, with regulatory hurdles cited as a key challenge to any potential deal.