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8001 Itochu News Story

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Seven & i Holdings plans to sell partial stake in Seven Bank to Itochu, Nikkei says

TOKYO, May 20 (Reuters) - Seven & i Holdings 3382.T plans to sell a partial stake in Seven Bank 8410.T to trading house Itochu 8001.T, with an announcement expected as early as May 30, the Nikkei business reported on Tuesday.

Seven Bank shares rose more than 5% following news of the potential stake sale.

 (Reporting by Kaori Kaneko
Editing by Chang-Ran Kim)

 ((kaori.kaneko@thomsonreuters.com;))

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