US EditionSeven & i says Couche-Tard understates antitrust risk in takeover proposal
- Seven & I Holdings Co. Ltd. Claims Alimentation Couche-Tard Inc. Is understating the antitrust risks in its takeover proposal, indicating significant regulatory hurdles involved.
- Seven & I Holdings Co. Ltd. Emphasizes it will not proceed with a deal lacking a clear path to closure, fearing a 'value destructive limbo.'
- In October, Seven & I received a revised proposal from Couche-Tard valued at US$47 billion, which is 22 percent higher than a previous offer.
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Couche-Tard Sees Strong Interest in US Stores for Seven & I Deal
Private equity firms are showing strong interest in buying about 2,000 North American convenience stores that could be divested if Alimentation Couche-Tard Inc. succeeds in its ¥7.39 trillion ($49 billion) endeavor to buy out Seven & i Holdings Co., the chief financial officer of the Canadian company said.
·United States
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Financial Post+3 Reposted by 3 other sources
7-Eleven owner says Couche-Tard understates antitrust risk in takeover proposal
MONTREAL -- The Japanese parent company of 7-Eleven says Alimentation Couche-Tard Inc. is understating the antitrust risk related to its takeover offer for the company.
·Canada
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Winnipeg Free Press+6 Reposted by 6 other sources
Seven & i says Couche-Tard understates antitrust risk in takeover proposal
Breaking News, Sports, Manitoba, Canada
·Winnipeg, Canada
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Coverage Details
Total News Sources15
Leaning Left6Leaning Right2Center1Last UpdatedBias Distribution67% Left
Bias Distribution
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R 22%
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