Alain Bouchard said Couche-Tard is set on an amicable takeover of Seven & i Holdings, the owner of the 7-Eleven chain. Couche-Tard CEO Alex Miller touted the company’s latest US$47-billion offer for the Japan-based conglomerate as “attractive for all stakeholders.” (Reuters, Nikkei)
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Alain Bouchard said Couche-Tard is set on an amicable takeover of Seven & i Holdings, the owner of the 7-Eleven chain. Couche-Tard CEO Alex Miller touted the company’s latest US$47-billion offer for the Japan-based conglomerate as “attractive for all stakeholders.” (Reuters, Nikkei)
Talking point: Couche-Tard made a “friendly proposal” for the 7-Eleven owner in August—though Bouchard revealed his company had previously attempted takeovers in 2005 and 2020. Earlier this week, the founding family behind Seven & i said it wants to raise more than US$52 billion to take the company private, and hopes to complete the deal by the end of the financial year.
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