Japan’s Seven & i, the parent company of the Japanese 7-Eleven convenience store chain, said Thursday it is selling its supermarket store assets to Bain Capital for about $5.4 billion. The company announced the deal a day after naming Stephen Dacus,

China's HongShan Capital Group (HSG) has hired Komi Kyu from Bain Capital to head a new local office in Japan, three sources with knowledge of the matter said.

Japan’s Seven & i Holdings, the parent company of the 7-Eleven convenience store chain, has named a new CEO and plans to sell billions in assets as it tries to fend off a takeover bid from a

Japan's Seven & I, the parent company of the Japanese 7-Eleven convenience store chain, says it is selling its supermarket store assets to Bain Capital for about $5.4 billion.

Seven & i Holdings , the Japanese operator of the 7-Eleven convenience store chain, appointed its first foreign CEO and handed him the task of overhauling its business to fend off a $47 billion overseas takeover bid and engineer a recovery.

Lead outside director Stephen Dacus will likely succeed Ryuichi Isaka as chief executive at Seven & i, sources have told Reuters, putting a foreign-born executive in charge of the Japanese retail conglomerate for the first time.

Bain Capital aims to list Seven & i Holdings' supermarket and retail business in around three years after boosting synergies within the group, an executive of the U.S. private equity firm said on Thursday.

SEVEN & i Holdings, the Japanese operator of the 7-Eleven convenience store chain, announced a change of CEO and plans to restructure its business in the face of a US$47 billion foreign takeover bid.

Lead outside director Stephen Dacus was named the Japanese company’s first foreign CEO. Read more at straitstimes.com.

Seven & i Holdings, the Japanese operator of the 7-Eleven convenience store chain, is expected to announce on Thursday a change of CEO and plans to restructure its business, sources said, as it faces a $47 billion foreign takeover bid.