Couche-Tard Hikes Bid for 7-Eleven Owner to $47 Billion, Sources Say
TOKYO (Reuters) -Canada's Alimentation Couche-Tard (ACT) has made a revised bid for Seven & i Holdings, the Japanese company said on Wednesday, which two people familiar with the matter said hiked the offer by 22% to about $47 billion.
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 ...
Shares in the Japanese company that owns 7-Eleven surged on Wednesday following a report that Canada's Alimentation Couche-Tard (ACT) had hiked its buyout offer for the firm by almost 20 percent.
Seven & i Holdings reported a 35% drop in first-half net profit, a worse-than-expected result that comes as the ...
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