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Seven & i Considers Selling Some Seven Bank Shares to Itochu

Seven & i Considers Selling Some Seven Bank Shares to Itochu

   Tokyo, May 20 (Jiji Press)--Seven & i Holdings Co. is considering selling part of its stake in Seven Bank to Itochu Corp., people familiar with the matter said Tuesday.
   The move is part of Seven & i's efforts to improve its corporate value by focusing on its convenience store business at a time when Canadian convenience store operator Alimentation Couche-Tard is trying to acquire the Japanese retailer.

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AFP-JIJI PRESS NEWS JOURNAL


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