Apollo Weighs $9.5 Billion Stake In Seven & I Buyout, Joining Ito Family's $60 Billion Deal: Report

Benzinga16:00

Reported Earlier, Barnes Group Shareholders Approve $47.50 Per Share Acquisition by Apollo Global Management

Benzinga15:17

According to reports, Apollo plans to invest 9.5 billion USD to participate in the privatization of Seven & i.

According to sources quoted by Bloomberg, Apollo Global Management from the USA is considering participating in a privatization plan to hold the Japan 7-Eleven brand of Seven & i, with plans to invest up to 1.5 trillion yen (approximately 9.5 billion USD) when the founder Ito family privatizes. It is reported that under the new plan, Apollo will join the Ito family and Itochu, the operator of FamilyMarts convenience stores in Japan, as major investors, with the Ito family's investment commitment being approximately 5,000.

AASTOCKS14:00

Apollo Mulls Taking Stake in Seven & I Management Buyout, Bloomberg Reports, Citing Sources

WSJ12:48

Express News | Apollo is reportedly considering acquiring a stake in SEVEN & I worth up to 9.5 billion dollars.

Breakings11:50

Express News | Barnes Group Shareholders Approve Transaction With Apollo Funds

Breakings03:30