Seven & i Holdings ended talks to invest in Poland’s Zabka convenience store chain after failing to agree on terms.
Seven & i was unable to reach a deal that would be “in the best interests” of the company and its shareholders, the firm said in a statement on Saturday.
The announcement came from the Japanese operator of the Seven-Eleven chain, which had been in discussions with the Polish retailer.
No further details on the talks or reasons for the breakdown were provided in the statement.
AIによるレポート AIによって生成された画像
Starbucks Korea's 'Tank Day' promotion, launched on May 18, has triggered widespread backlash, causing a sharp sales drop and raising financial risks for parent Shinsegae Group.
Seven & i is reported to be in discussions about acquiring a stake in Poland’s Zabka Group.
AIによるレポート
Seven & i Holdings has increased its operating profit forecast for the current fiscal year. The company now expects 425 billion yen in operating profit through February 2027.
A system failure caused by unauthorized access at major Japanese frozen food maker Nichirei Corp has begun disrupting supply chains, leading to stock shortages at some restaurants and retailers.
AIによるレポート
Homeplus' main creditor decided Thursday to extend fresh funding of 200 billion won to the cash-strapped retailer that temporarily closed some outlets due to a lack of operating capital.
The insolvency administrator of Aggregate plans to reverse the sale of a project in the Quartier Heidestraße. Judges are to examine whether the price was appropriate.
AIによるレポート
AB Mauri Brasil signed an agreement to buy the Casa de Bolos franchise network. The deal still requires regulatory approvals. The transaction value was not disclosed.