Couche-Tard pushes for Seven & I deal talks after rejection
Posted on AllSides September 8th, 2024
From The Center
Alimentation Couche-Tard has told Seven & I Holdings that it wants to work together to agree on a "friendly” takeover, after the Japanese convenience store operator pushed back on the Canadian company’s initial proposal. Couche-Tard remains "highly focused on consummating a transaction with Seven & I that is in the best interests of all constituencies,” the company said in statement that confirmed an earlier Bloomberg News report. Seven & I shares rose 3.2% to ¥2,200 in early morning trading in Tokyo on Monday, giving the company a market value of...