知情人士称，目前的方案中股权融资规模约为4万亿日元，其余融资来自日本顶级银行。三井住友金融集团、三菱日联金融集团和瑞穗金融集团势将参与这项交易。Insiders revealed that Apollo Global Management is considering participating in the privatization trade of Seven & i led by the Ito family, the founders of this Japanese convenience store operator.
Insiders who wished to remain anonymous due to the confidential nature of the matter stated that this American private equity giant is discussing a commitment to invest up to 1.5 trillion yen (9.5 billion USD) in shares of Seven & i.
According to the current proposal (contents may change), Apollo will join the Ito family and Itochu Corporation to become a key investor in the privatization trade of Seven & i. The Ito family is considering an investment commitment of about 5 billion yen, while Itochu Corporation is contemplating an investment commitment exceeding 1 trillion yen. Other partners are still negotiating share acquisition matters.
Insiders stated that the current scheme involves an equity financing scale of about 4 trillion yen, with the remaining financing coming from Japan's top Banks. Sumitomo Mitsui Financial Group, Mitsubishi UFJ Financial Group, and Mizuho Financial are set to participate in this trade.
The initial valuation of the privatization plan was 9 trillion yen—exceeding the 7.5 trillion yen acquisition offer made by Alimentation Couche-Tard Inc.—but given that Seven & i's Market Cap still remains far below the proposed level, it may be adjusted downward. Seven & i's Market Cap was around 6.3 trillion yen on Friday.
A representative of Apollo declined to comment.
Insiders stated that details of the trade, such as investment structure, voting rights ratio, and Board of Directors composition, are still under negotiation.
