EGN NEWS DESK
A possible international acquisition of Japanese retail big Seven & I’d be “closely associated” to nationwide safety, Japan’s economic system minister Ryosei Akazawa stated on Wednesday.
His public remark is the primary by a senior Japanese official over safety points raised by a $47 billion buyout provide by Canada’s Alimentation Couche-Tard.
Seven & I used to be categorised as “core” to Japan’s nationwide safety in September, elevating questions as as to if it was a defensive transfer. The finance ministry stated on the time that the classification wouldn’t create hurdles to a possible buyout.
