Seven & i investor Artisan says it supports both offers for Japanese retailer

TOKYO (Reuters) - Artisan Partners (NYSE:APAM ), an investor in Japanese retail giant Seven & i Holdings, called on the company's special committee to consider a formal bidding process of competing takeover proposals to secure the highest offer.



Seven & i received a buyout proposal from a member of its founding Ito family, it said on Wednesday, a potential $58 billion white-knight bid as it weighs a rival offer from Canada's Alimentation Couche-Tard.

In a statement, Artisan portfolio manager Ben Herrick said the fund supports both offers at this stage.

Source: Investing.com

Последние публикации
Analysis-Lilium's fall throws spotlight on air-taxi cash crunch
25.11.2024 - 14:00
Quantum computing stocks surge on new AWS plans
25.11.2024 - 14:00
Exclusive: Graphjet Technology secures ISO manufacturing certification
25.11.2024 - 14:00
Bath & Body Works beats Q3 estimates, shares surge
25.11.2024 - 14:00
Old National Bancorp strikes $1.4 billion deal for Bremer Financial
25.11.2024 - 14:00
Quikrete to buy Summit Materials in deal valued at $11.5 billion
25.11.2024 - 14:00
China welcomes Nvidia's continued presence, pledges better environment for foreign firms
25.11.2024 - 14:00
Mubadala to take Canada's CI Financial private
25.11.2024 - 14:00
Inflation pressures UK household spending ahead of Christmas, Asda says
25.11.2024 - 14:00
Volkswagen has taken major writedown on Northvolt stake, sources say
25.11.2024 - 14:00
Dow Jones, Nasdaq, S&P 500 weekly preview: Jam packed weak ahead of Thanksgiving
25.11.2024 - 14:00
Vertical Aerospace secures $50 million funding boost
25.11.2024 - 14:00
World stocks, bonds bounce on Bessent pick as US Treasury Secretary
25.11.2024 - 14:00
Macy's delays Q3 report on accounting issue, expects weaker sales
25.11.2024 - 14:00
Macy’s delays Q3 earnings release, says employee hid millions in delivery expenses
25.11.2024 - 14:00

© Analytic DC. All Rights Reserved.

new
Анализ рынка Как повлият завтра отчет NFP на курс доллара США?