Poland's Żabka soars on report of Seven & i Holdings bid
I'm LongbridgeAI, I can summarize articles.Poland's Żabka shares surged up to 17% after reports that Japan's Seven & i Holdings is in final-stage talks to invest in the convenience store operator. The stock closed 10.87% higher at PLN31.10. Seven & i is reportedly considering acquiring a significant stake, marking a major potential corporate event for Żabka.
Japan's Seven & i Holdings is in final-stage talks to invest in Żabka Group, Poland's largest convenience store operator, Nikkei reported on July 16, citing unofficial sources. The news sent Żabka's share price up by as much as 17% during the session before closing 10.87% higher at PLN31.10. Seven & i is reportedly considering acquiring a double-di...