Seven & i weighs sale of York Holdings specialty stores

Seven & i Holdings Co is reportedly exploring the potential sale of its non-core specialty store operations under York Holdings, which encompasses a variety of businesses including supermarkets, restaurants, and other assets.

According to Kyodo, if the company opts to sell these operations, it would likely execute the sale independently from the ongoing bidding process for shares of York Holdings.

The specialty store segment under consideration includes businesses that offer miscellaneous goods and baby products. This move, if confirmed, would indicate Seven & i Holdings' strategy to streamline its operations and focus on its core business segments.

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Source: Investing.com