Seven & i may sell stake in non-core business to Bain for $4.7b

Seven & i may sell stake in non-core business to Bain for $4.7b

The logo of Seven & I Holdings is seen at its headquarters in Tokyo, Japan December 6, 2017. REUTERS/Toru Hanai/File Photo

Seven & i Holdings is likely to sell most of its noncore business holding company shares to Bain Capital for more than 700 billion yen ($4.69 billion), Bloomberg News reported on Wednesday citing people familiar with the matter.

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