Seven & I buyout discussions stalled due to management control issues.

Negotiations for a ¥9 trillion buyout of Seven & I Holdings have stalled over board control disputes, with possible withdrawal by Itochu.

So, check this out. The big players in this ¥9 trillion ($60 billion) buyout of Seven & I Holdings are at a standstill. They’re fighting over who gets to call the shots once 7-Eleven goes private. The Ito family and Itochu can’t seem to agree on the board composition, and rumor has it, Itochu might just back out.

But wait, there’s still a flicker of hope! Talks are still ongoing, so who knows, they could turn it around. If not, CEO Ryuichi Isaka might have to sit down with Alimentation Couche-Tard, who’s eyeing the retailer for about $47 billion. It’s a real game of chess out here!

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