Buyout Proposal from Seven & i Holdings

By Kane Wu
HONG KONG (Reuters) – Japan's Seven & i Holdings announced on Wednesday that it received a buyout proposal from its vice president, a member of the founding Ito family.

This follows a Bloomberg report suggesting that the owner of 7-Eleven is considering a management buyout (MBO) worth up to $58 billion, potentially the largest in history.

Top 10 Global MBOs by Size

Here are the largest MBOs globally, ranked by size (including debt and liabilities):

1. HCA Inc
   The largest U.S. hospital company was taken private in 2006 for $32.9 billion. The acquisition involved founder and private equity firms, including KKR & Co and Bain Capital.

2. Kinder Morgan Inc
   The oil and gas pipeline operator accepted a $21.6 billion buyout offer in 2006 from a group that included CEO Richard Kinder.

3. Dell Inc
   In 2013, Michael Dell took Dell Inc private for $21.5 billion in the largest leveraged buyout since the financial crisis, collaborating with Silver Lake and Microsoft.

4. Alliance Boots
   Britain's largest pharmacy chain accepted a $19.6 billion offer in 2007 from KKR and billionaire Stefano Pessina, its deputy chairman and largest shareholder.

5. Qihoo 360 Technology
   China's Qihoo 360 was acquired in 2015 for $10.3 billion by a consortium led by CEO Hongyi Zhou, marking Asia's largest MBO to date.

6. Aramark
   A management-led investor group, including CEO Joseph Neubauer and Warburg Pincus, acquired Aramark for $8.3 billion in 2006.

7. Cequel Communications
   In 2012, a management-led group backed by BC Partners and the Canada Pension Plan Investment Board acquired the company for $6.6 billion.

8. Beatrice Companies
   KKR led an investor group in the acquisition of the food processor for $6.1 billion in 1985.

9. Hospital Corp of America
   In 1988, the management of the Nashville-based hospital chain acquired it in a $4.9 billion deal.

10. Station Casinos Inc
    In 2006, an acquisition vehicle formed by Chairman and CEO Frank J. Fertitta and Colony Capital bought out the remaining 88.89% interest plus options for $4.8 billion.