Japanese 7-Eleven owner sees market value jump 22.71pc on Canadian retail giant Couche-Tard’s takeover offer

Couche-Tard News

Japanese 7-Eleven owner sees market value jump 22.71pc on Canadian retail giant Couche-Tard’s takeover offer
7-ElevenJapanTakeover Bid
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TOKYO, Aug 19 — Shares in the Japanese operator of 7-Eleven soared today after the firm confirmed it had received a takeover bid from Canadian retail giant Alimentation...

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Sg Siput cops say probing death of 10-year-old Orang Asli girl found dead in swamp as murder, not ruling out rapeThe offer for Seven&i Holdings would create an international convenience store behemoth combining 7-Eleven, Couche Tard, Circle K and other brands across Asia, North America and Europe. — AFP picTOKYO, Aug 19 — Shares in the Japanese operator of 7-Eleven soared today after the firm confirmed it had received a takeover bid from Canadian retail giant Alimentation Couche-Tard.

With a market value of ¥5.6 trillion as of this afternoon, it would also be one of the biggest foreign acquisitions of a Japanese firm. Seven&i in a statement gave no details on the size of the offer and said it has formed a special committee of independent outside directors to examine it.

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7-Eleven Japan Takeover Bid Seven&I Holdings

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