US EditionSeven & i to reject Alimentation Couche-Tard buyout offer: sources
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Japan TodaySeven & i to reject Alimentation Couche-Tard buyout offer: sources
Major Japanese retailer Seven & i Holdings Co. plans to turn down a takeover bid proposed by Canadian convenience store giant Alimentation Couche-Tard Inc., as its offer price is not high enough,
Seven & i, the operator of 7-Eleven convenience stores, will inform Couche-Tard that the price of its purchase offer is inadequate and that its proposal must be revised, the Asian financial daily Nikkei reported on Thursday.
7-Eleven stores operator Seven & i to ask Couche-Tard to reconsider ‘inadequate’ offer, source says
Japanese retail giant Seven & i will inform Canada’s Alimentation Couche-Tard ATD-T that its takeover bid price is “inadequate,” a source familiar with the matter said on Thursday. Seven & i will ask Couche-Tard to reconsider its takeover bid, also referring to competition law concerns mainly in…
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