Japan's Seven & i, facing a $47 billion Couche-Tard bid, to separate some assets
Seven & i Holdings announced on Thursday a roadmap to hive off underperforming businesses and focus on its convenience store operations, as the retailer aims to fend off a $47-billion takeover bid from Canada's Alimentation Couche-Tard .
Alimentation Couche-Tard Raises Bid for Seven & i
Alimentation Couche-Tard Inc., the parent of the Circle K convenience-store chain, has raised its offer to acquire Seven & i Holdings Co. Ltd., the parent of the 7-Eleven and Speedway c-store chains, from $14.86 per share or approximately $39 billion, to $18.19 per share or approximately $47.2 billion, about 21%, according to a Bloomberg report.
Convenience-store parent creating holding company for its supermarkets, specialty businesses to help prevent rival’s takeover ...
Seven & i Holdings Co. is embarking on its biggest-ever overhaul, betting that a bold breakup will help fend off an ...
Seven & i Holdings slashed its profit outlook and announced plans to revamp its noncore businesses as it faced a revised ...
The 7-Eleven owner early last month rejected the initial $39 billion buyout offer from Couche-Tard, saying the proposal underestimated the company's value and failed to sufficiently address regulatory ...
Alimentation Couche-Tard Inc. sent Seven & i Holdings Co. a new potential acquisition price of ¥7 trillion ($47.2 billion), ...
Results that may be inaccessible to you are currently showing.
Hide inaccessible results
Feedback