Zabka shares retreat as Seven & i calls off convenience marriage
27/07/2026 08:20
BUZZ-Zabka shares retreat as Seven & i calls off convenience marriage ** Shares of Zabka ZAB.WA fall as much as 12.9% after Japan's Seven & i Holdings 3382.T decided not to proceed with a potential investment in the Polish convenience store
** Earlier this month, Seven & i Holdings entered the final stages of talks with Zabka to buy a double-digit stake through a several hundred-billion-yen (several billion dollar) investment, Nikkei reported
** News of the planned investment sent Zabka shares to a record high; on Monday, they could see their worst-ever trading day if the losses hold
** Erste analyst Piotr Bogusz says most of Zabka's recent gains should be reversed, and the company's valuation should once again reflect a discount due to the share overhang
(Reporting by Stefan Gardawski and Emmanuelle Serres)
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