Written by The Japanese owner of 7-Eleven is considering going private by buying back its own shares in a bid to avoid a takeover by Canadian rival Couche-Tard, reports said… Source link
Executives from Canada’s Alimentation Couche-Tard are in Japan in a bid to overcome resistance to their $47-billion takeover of 7-Eleven’s parent but are being given the cold shoulder, according to interviews published Thursday. Seven & i Holdings last month rejected a US$40-billion takeover bid — representing the biggest foreign takeover of a Japanese firm — […]