SoftBank, PayPay in talks to invest in Seven & i, Bloomberg says
SoftBank, PayPay in talks to invest in Seven & i, Bloomberg says TOKYO, July 10 (Reuters) - SoftBank Corp 9434.T and mobile payments operator PayPay PAYP.O are in talks to invest in retail giant Seven & i Holdings 3382.T, Bloomberg News reported on Friday.
The investment will likely total several hundred billion yen and also Sumitomo Mitsui Card, a unit of Sumitomo Mitsui Financial Group 8316.T, may also take a stake, Bloomberg said.
(Reporting by Tokyo bureau; Editing by Emelia Sithole-Matarise)
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