Seven & i CEO to Step Down as Retailer Rejects Couche-Tard Takeover Bid

Ryuichi Isaka is expected to be replaced by Stephen Dacus, who leads the committee evaluating strategic options following a failed buyout attempt by the company's founding family.

Seven & i Holdings plans to reject a $47 billion takeover bid from Canada's Alimentation Couche-Tard, according to reports.
Current CEO Ryuichi Isaka is set to resign, with Stephen Dacus, an outside director and head of the special committee reviewing the bid, likely to take his place.
The company recently faced a setback when a proposed $58 billion management buyout by its founding Ito family failed due to lack of financing.
Seven & i aims to increase its corporate value independently, focusing on overseas growth and fresh food offerings.
Shares of Seven & i initially rose after reports of the leadership change and buyout collapse but later stabilized, reflecting investor uncertainty over the company's future direction.