Published 6 days ago • loading... • Updated 21 hours ago

Seven & i to replace CEO, list North American subsidiary in second half of 2026

A shareholder in Japan's Seven & i Holdings Co. Is pushing for deeper engagement with Alimentation Couche-Tard regarding its $47.5 billion buyout proposal, stating there are 'serious questions' about the board's decisions.
Seven & i announced significant changes, including a $13.5 billion share buyback plan, while Couche-Tard plans to advance discussions on its takeover bid.
Couche-Tard's founder and chairman will visit Tokyo this week to discuss the potential acquisition and hold a news conference on March 13.
Artisan Partners Asset Management Inc. Expressed concerns over the board's governance, suggesting a lack of confidence in the evaluation process for the Couche-Tard bid.

Insights by Ground AI

Does this summary seem wrong?

67 Articles

All

Left

Center

Right

Arizona Daily Sun

Artisan Partners opposes Seven & i's CEO choice

Artisan Partners, a U.S.-based investor in Seven & i Holdings, on Sunday opposed the Japanese retailer's CEO succession plan and urged the company to reconsider a takeover offer, according to a letter to the board.

1 day ago

Read Full Article

Live Mint

Shareholder Pushes Seven & i to Engage With Couche-Tard

1 day ago·New Delhi, India

Read Full Article

Frankfurter Allgemeine

7-Eleven and Couche-Tard: Convenience Stores in the Takeover Fight

Especially in the USA and Japan, the convenience stores are present. For months, the parent company has resisted a hostile takeover from Canada behind 7-Eleven. Now it starts a share buyback.

2 days ago·Frankfurt, Germany

Read Full Article

The Business Journals

7-Eleven parent co. selects new CEO, holds initial public offering

The news comes as the company fights a takeover bid by the Canadian-based owner of a rival convenience store chain.

3 days ago·United States

Read Full Article

Asahi

Japan’s Seven & i announces restructuring, new CEO to fend off $47 billion takeover bid | The Asahi Shimbun Asia & Japan Watch

Seven & i Holdings, the Japanese operator of the 7-Eleven convenience store chain, appointed its first foreign CEO and handed him the task of overhauling its business to fend off a $47 billion overseas takeover bid and engineer a recovery.

4 days ago·Tokyo, Japan

Read Full Article

読売新聞オンライン

Seven & i: Growth Acceleration Vital If Firm Aims to Operate ‘Independently’

If Seven & i Holdings Co., which has received a takeover proposal from a foreign company, is to stick to operating independently, it will be essential to accelerate its growth.

4 days ago·Japan

Read Full Article

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/year