Seven & i abandons investment talks with Poland’s Zabka

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.

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Protesters outside Starbucks Korea amid controversy over Tank Day promotion affecting Shinsegae financially
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Starbucks Korea controversy puts Shinsegae under financial strain

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Seven & i is reported to be in discussions about acquiring a stake in Poland’s Zabka Group.

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