Apollo Weighs $9.5 Billion Stake In Seven & i Buyout, Joining Ito Family's $60...

Published on 10 Jan 2025 on Benzinga

Apollo Weighs $9.5 Billion Stake In Seven & i Buyout, Joining Ito Family's $60...

Apollo Global Management Inc. APO is weighing a ¥1.5 trillion ($9.5 billion) equity stake in a management buyout of Seven & i Holdings Co. Ltd. SVNDY.

What Happened: The deal would see Apollo collaborating with the founding Ito family and Itochu Corp. to strengthen domestic control of Seven & i, a global retail conglomerate known for operating 7-Eleven convenience stores, supermarkets, department stores, food services, financial services, and e-commerce platforms, Bloomberg reported, citing people familiar with the matter.

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