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Seven & I rebuffs ValueAct criticism of management, shareholder involvement

February 3, 2022

TOKYO (Reuters) – Japanese retailer Seven & I Holdings Co Ltd rebuffed on Thursday criticism from investor ValueAct Capital about the company’s management and relations with shareholders.

In a response letter the operator of 7-11 convenience stores said the U.S.-based investment fund had not presented any strategic plans that would enhance corporate value.

(Reporting by Rocky Swift; Editing by Clarence Fernandez)

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