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Seven & i shares soar 7% after news of ValueAct stake build-up


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TOKYO Seven & i Holdings shares surged more than 7% to a two-year high on Thursday after news it was targeted by activist investor ValueAct Capital, which asked the Japanese owner of the 7-Eleven convenience store chain to restructure itself.
ValueAct amassed a $1.53 billion, or 4.4%, stake in Seven & i and wants it to take steps to boost its value, including a potential break-up, Reuters reported.
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Seven & i shares soar 7% after news of ValueAct stake build-up Back to video
“We refrain from commenting on individual shareholders’ matters. Not only in this case, but also in the future, we will continue to engage in dialog with our shareholders,” Seven & i said in an emailed statement when asked for a comment. ....

Junko Fujita , Robert Hale , Muralikumar Anantharaman , Olympus Corp , I Holdings , Valueact Capital , Francisco Based Valueact , Rocky Swift , ஜன்கோ புஜிதா , ராபர்ட் ஹேல் , ஒலிம்பஸ் கார்ப் , நான் ஹோல்டிங்ஸ் , பாறை ஸ்விஃப்ட் ,

Seven & i shares surge 7% after news of ValueAct stake build-up


Seven & i shares surge 7% after news of ValueAct stake build-up
Kyoto, Japan. Photo: Alex Wolfe/Unsplash
May 13, 2021
Seven & i Holdings shares surged more than 7% to a two-year high on Thursday after news it was targeted by activist investor ValueAct Capital, which asked the Japanese owner of the 7-Eleven convenience store chain to restructure itself.
ValueAct amassed a $1.53 billion, or 4.4%, stake in Seven & i and wants it to take steps to boost its value, including a potential break-up, Reuters reported.
“We refrain from commenting on individual shareholders’ matters. Not only in this case, but also in the future, we will continue to engage in dialogue with our shareholders,” Seven & i said in an emailed statement when asked for a comment. ....

Robert Hale , Olympus Corp , I Holdings , Francisco Based Valueact , ராபர்ட் ஹேல் , ஒலிம்பஸ் கார்ப் , நான் ஹோல்டிங்ஸ் ,

Seven & i shares soar 7% after news of ValueAct stake build-up - Netscape Money & Business

Seven & i shares soar 7% after news of ValueAct stake build-up - Netscape Money & Business
netscape.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from netscape.com Daily Mail and Mail on Sunday newspapers.

Junko Fujita , Robert Hale , Muralikumar Anantharaman , Olympus Corp , I Holdings , Valueact Capital , Francisco Based Valueact , Rocky Swift , ஜன்கோ புஜிதா , ராபர்ட் ஹேல் , ஒலிம்பஸ் கார்ப் , நான் ஹோல்டிங்ஸ் , பாறை ஸ்விஃப்ட் ,