Japan finance minister says Seven & i's new 'core' tag doesn't raise bar for buyout
TOKYO - Finance Minister Shunichi Suzuki said on Tuesday that Japanese retail giant Seven & i Holdings' new status as a company"core" to national security would not raise additional hurdles to a potential buyout.
When a company is categorised as core, foreign entities seeking to buy a stake of 1% or more in a Japanese firm must in principle file for a national security review with the Japanese government prior to the purchase. Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
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