SoftBank, PayPay in talks to invest in Seven & i, Bloomberg says
10/07/2026 10:10
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)
Recent news on Sumitomo Mitsui Financial
See all newsBrief: Sumitomo Mitsui Banking Corp - 227,216 Email Addresses For Its Email Distribution Were Leaked Externally As A Result Of Unauthorized Access By A Third Party To Arara Message, Provided By Arara Inc
Brief: Nidec Corporation - Notice Regarding Renewal Of Commitment Line Agreement
Japan's Nikkei ends lower as Kioxia tanks, Tokyo Electron rises on strong outlook
Australia's AirTrunk bags $3 billion green loan to expand Sydney data centre
Stabilisation Notice