Apollo Weighs $9.5 Billion Stake In Seven & I Buyout, Joining Ito Family's $60 Billion Deal: Report

Benzinga03:00 ET

Reported Earlier, Barnes Group Shareholders Approve $47.50 Per Share Acquisition by Apollo Global Management

Benzinga02:17 ET

It is reported that Apollo is considering participating in the privatization acquisition of Seven & i, investing 9.5 billion USD.

According to informed sources, the American private equity giant Apollo Global Management is considering holding a large stake in the privatization offer proposed by the Ito family, the founders of the Japanese convenience store operator Seven & i. Informed sources said that Apollo is discussing an investment of up to 1.5 trillion yen (approximately 9.5 billion dollars) in the plan. As this information has not been made public, these individuals requested anonymity. Under the current proposal, Apollo will become a major investor alongside the Ito family and Itochu Corporation, the operator of FamilyMart in Japan. The Ito family is considering investing about 500 billion yen, while Itochu Corporation's investment exceeds...

Global Market Report00:14 ET

Apollo Mulls Taking Stake in Seven & I Management Buyout, Bloomberg Reports, Citing Sources

WSJ23:48 ET

Apollo is reportedly considering acquiring a stake in Seven & I worth up to 9.5 billion USD.

According to informed sources, Apollo Global Management Inc. is considering holding a significant stake in the privatization bid led by the Ito family, the founders of Japan's convenience store operator Seven & I. Sources indicated that this American private equity giant is discussing investing 1.5 trillion yen (approximately 9.5 billion USD) in the plan. As the information is not public, these individuals requested anonymity. According to the current proposal, Apollo will work with the Ito family and the Japanese FamilyMart operator Itochu Corporation (

Global market broadcast22:51 ET

Express News | Barnes Group Shareholders Approve Transaction With Apollo Funds

Reuters14:30 ET