Apollo Global Management Inc. is considering taking a substantial stake in a bid by Seven & i’s founding Ito family to take the Japanese convenience store operator private, people familiar with the matter said.

Under the plan, Seven & i’s founding family will invest 500 billion yen in equity, trading company Itochu Corp will invest over 1 trillion yen in equity, and Apollo up to 1.5 trillion yen in preferred

Apollo Global Management (APO) is weighing a significant investment of up to ¥1.5 trillion (approximately $9.5 billion) in a management buyout proposal for Seven & i

APOLLO Global Management is considering taking a substantial stake in a bid by Seven & i’s founding Ito family to take the Japanese convenience store operator private, sources familiar with the matter said.