7-Eleven Owner Delays US Unit IPO as Revamp Needs Time
Customers inside a 7-Eleven convenience store in Kobe, Japan.
Photographer: Soichiro Koriyama/BloombergSeven & i Holdings Co. will delay the planned listing of its US convenience-store business, saying it needs more time to turn the business around amid uncertain market conditions.
The aim now is to strengthen performance and maximize valuation before pursuing an initial public offering in the fiscal year ending February 2027, the retailer said in a statement Thursday — instead of the originally targeted window later this year.