Seven & i Management Proposal to Be Among Biggest Buyout Deals

An offer worth around ¥9 trillion ($58 billion) from the management of Seven & i Holdings Co. to take itself private exceeds the value of the biggest buyouts involving private equity or the management.

A successful transaction would surpass what KKR & Co. and TPG Capital paid to take over Energy Future Holdings Corp., formerly known as TXU Corp, Bloomberg-compiled data shows. It will also be bigger than billionaire Elon Musk’s $44 billionbuyout of Twitter — a deal that isn’t counted as a leveraged buyout for lack of management or PE participation.

The proposal would be funded ...