TOKYO (Reuters) - Seven & i Holdings is likely to sell most of its non-core business holding company shares to Bain Capital for more than 700 billion yen ($4.69 billion), Bloomberg News reported on Wednesday citing people familiar with the matter. ($1 = 149.1700 yen)

Bain Capital is nearing a deal to buy Seven & i Holdings Co.’s supermarket business, according to people familiar with the matter.

Carrier Virgin Australia said on Wednesday it had picked Dave Emerson, its chief commercial officer, for its top seat, succeeding Jayne Hrdlicka, while the airline works to relist itself on the local stock exchange.

Bain Capital Specialty Finance’s strong earnings and defensive portfolio make it attractive. See why BCSF stock, with high dividend coverage, is worth a buy.

The Sterling Group has sold Frontline Road Safety, a Denver-based provider of pavement marking and ancillary services, to Bain Capital. No financial terms were disclosed. Frontline has over 50 locations across the US. Sterling launched the Frontline platform in 2020.

Seven & i Holdings is likely to sell most of its non-core business holding company shares to Bain Capital for more than 700 billion yen ($4.69 billion), Bloomberg News reported on Wednesday citing people familiar with the matter.

Eleven, has selected Bain Capital as favoured bidder for a significant portion of its non-core assets. The decision, reported by Reuters, places Bain in a favourable position over other contenders KKR & Co and Japan Industrial Partners.

Treisman was a partner and global general counsel to Bain Capital’s special situations, credit, public equity, insurance and partnership strategies business since 2018.

TOKYO (Reuters) - Bain Capital aims to list Seven & i Holdings' supermarket business in around three years after boosting synergies within the group, an executive of the U.S. private equity firm said on Thursday.