US EditionCouche-Tard CEO Says Seven & I Talks Could Finalize in the Near Future
- Alimentation Couche-Tard, a Laval-based convenience store operator, announced ongoing merger talks with Tokyo-based Seven & i Holdings as of June 25, 2025.
- The talks follow Couche-Tard’s bid last August and Sweetened offers, after initial rebuffs and a buyout proposal from Seven & i’s founding family.
- Both companies continue management meetings, regulatory reviews, and divestitures including 35 stores to satisfy U.S. antitrust requirements amid challenging retail conditions.
- Couche-Tard reported US$439.4 million net earnings and 46 cents per diluted share in the recent quarter, with CEO Alex Miller stating consumers are "hurting and carefully watching their spending."
- The merger talks set a timeline for clarity and may conclude soon, reflecting Couche-Tard's confidence in regulatory approval despite investor concerns over size and equity dilution.
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Investors should know sooner than later whether attempts by Food Layer-Tard to acquire Seven & i Holdings will lead to a transaction, said the owner of the chain with a red owl.
·Montreal, Canada
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Barrie Today+7 Reposted by 7 other sources
Couche-Tard CEO sees speedier timeline in potential deal for 7-Eleven owner
Alimentation Couche-Tard Inc. executives say the recent process they've adopted to try to buy the owner of 7-Eleven has helped negotiations and perhaps even sped things up. The Laval, Que.
·Barrie, Canada
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