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3382 — Seven & i Holdings News Story

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SoftBank, PayPay in talks to invest in Seven & i, Bloomberg says

SoftBank, PayPay in talks to invest in Seven & i, Bloomberg says 

- 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)

((kiyoshi.takenaka@thomsonreuters.com;))

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