Seven & i was classified as “core” to Japan’s national security in September, raising questions as to whether it was a defensive move. The finance ministry said at the time that the classification would not create hurdles to a potential buyout.

    • jmcs@discuss.tchncs.de
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      3 days ago

      No, it’s American. This is the Japanese government telling the US government to stop being nationalistic about the US Steel/Nippon Steel merger.

      • cm0002@lemmy.world
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        3 days ago

        I looked it up, it’s owned by a Japanese company. They bought ownership of it, 70% in 1993 and then 100% in 2005, so it did start as an American company.