NHK said the founding family will raise over 8 trillion yen from “three Japanese megabanks and major American financial institutions.”

The founding Ito family behind Japanese retailer Seven & I 3382.T aims to raise more than 8 trillion yen ($52 billion) to take it private by the end of this financial year, Japanese public broadcaster NHK reported on Tuesday.

A decision has not yet been made regarding a transaction with any party, and it is uncertain of reaching any deal.