Couche-Tard explores sale of US stores in case of deal with Seven & i

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Couche-Tard assembles U.S. stores to divest in hopes of advancing 7-Eleven deal

Alimentation Couche-Tard says it has put together a portfolio of U.S. stores it would consider selling to advance its hopes of acquiring 7-Eleven's parent company.

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On the 7th, Canadian company Alimentation Couche-Tard SA (ACT), which is proposing to acquire Seven & i Holdings Co., Ltd. (HD), announced that it has begun preliminary discussions with Seven & i Holdings Co., Ltd. in order to deal with antitrust laws in the United States. In order to deal with the law, the two companies will identify the stores and number of stores that they may sell in the United States and seek potential buyers. On the 6th, S…

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Couche-Tard explores sale of US stores in case of deal with Seven & i

Canada's Alimentation Couche-Tard (ACT) said it is having exploratory talks with third parties about a potential sale of U.S. stores, which would help it gain regulatory approval should it reach a deal to take over Japan's Seven & i Holdings."We believe there is a clear path to obtaining regulatory appro

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Alimentation Couche-Tard says it is in discussions with third parties to identify potential purchasers for U.S. convenience stores to divest should the Laval company reach an agreement with the store operator 7/Eleven.