ValueAct ratchets up criticism of Japan's Seven & i ahead of AGM

ValueAct ratchets up criticism of Japan's Seven & i ahead of AGM

FILE PHOTO: A man uses a mobile phone outside a 7-Eleven convenience store in Tokyo, Japan December 6, 2017. REUTERS/Toru Hanai

ValueAct Capital criticised Seven & i Holdings on Friday for having failed to provide clear answers to key questions about the Japanese retail giant’s strategy, building up tension ahead of its annual shareholders meeting.