Seven & i founding family seeks investment from Thailand's Charoen Pokphand in MBO, NHK says
The founding family of Seven & i is asking Thailand's Charoen Pokphand (CP) Group to invest in a managed buyout of the Japanese retailing giant, NHK reported on Thursday. The founding family is in talks to take Seven & i private through a management buyout to fend off a $47 billion takeover from Canada's Alimentation Couche-Tard.