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FoodBev Weekly News Bulletin - 01/12/23

FoodBev Weekly News Bulletin - 01/12/23
foodbev.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from foodbev.com Daily Mail and Mail on Sunday newspapers.

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Seven & I Holdings has bought the Australian 7-Eleven business

The 7-Eleven Australia convenience store chain has been sold for US$1.14 billion, to Japanese company Seven & I Holdings.

Ceos shin abeKen wakabayashiI holdingsEleven stores pty ltdEleven stores7eleven australiaShin abe

7-Eleven Australia sells to Japanese company

7-Eleven Australia sells to Japanese company
thenewdaily.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thenewdaily.com.au Daily Mail and Mail on Sunday newspapers.

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Project Ubud: How Japanese parent company Seven & i won the day to buy 7-Eleven Australia in $1 7 billion deal, beating Ampol, Platinum Equity and a Malaysian listed trade player

Azure and Ashurst began reaching out to potential bidders in February with documents on the sale and eventually shook out four credible bids.

Western australiaUnited statesOlivia boyneAndrew macgonigalLouie douvisAndrea kennedyHennie christodoulouBrooke coghlanJohn brewsterMichael smithGordon slaterDavid flynnBaker mckenzieJapanese seveni holdingsJapan seveni holdingsGoldman sachs

The Withers and Barlow families started with one 7-Eleven store in Oakleigh in Melbourne in 1977 and have collected $1 71 billion in a sale to the Japanese parent

The Withers and Barlow families began with one store in the Melbourne suburb of Oakleigh and expanded to 752 outlets.

Russell withersAngus mckayConvenience group holdings7eleven australiaAustralian securitiesInvestments commissionFinancial review richAzure capitalConvenience group

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