Seven & i shareholder vote offers false comfort
Summary by breakingviews.com
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Seven & i shareholder vote offers false comfort
Investors warmly endorsed the 7-Eleven owner’s new CEO Stephen Dacus, who is acting fast to unlock value in the $39 bln Japanese company. That’s not a vote against unsolicited Canadian suitor Couche-Tard, however. The overhaul may make its goal of a takeover easier.
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