Key facts
- Seven & i Holdings is in discussions for an investment of up to 300 billion yen ($1.9 billion).
- SoftBank Corp. and its affiliate PayPay are the potential investors.
- The investment aims to enhance Seven & i's points network and store operations.
- The deal seeks to strengthen Japan's largest convenience store chain.
Seven & i Holdings, the operator of Japan's largest convenience store chain, is reportedly in negotiations to receive an investment of up to 300 billion yen (approximately $1.9 billion) from SoftBank Corp. and its affiliate PayPay. The strategic investment is intended to bolster Seven & i's extensive payment and loyalty point networks, as well as enhance overall store operations.