Investors of Japanese convenience store chain Seven & i may propose split

REUTERS/Agoes Rudianto

Some major shareholders of Seven & i Holdings Co Ltd are considering submitting proposals at the company’s annual meeting to pressure Japan’s largest convenience store chain to split, the Financial Times reported on Tuesday.

The Japanese owner of the 7-Eleven convenience store chain has been under pressure to consider changes from investors including ValueAct Capital, which has said that the sum of its parts is worth much more than its current market value.

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