Seven & i Holdings unveiled plans on Thursday to initiate a share repurchase program worth 2 trillion yen ($13.2 billion) and plans to list its North American subsidiary, 7-Eleven Inc. to boost its valuation after a $47 billion takeover offer from Canada's Alimentation Couche-Tard.The company said it...
Japanese owner of the supermarket chain 7-Eleven, Seven & i Holdings, is supposedly considering going private via a management buyout, in a bid to dodge a takeover attempt by Canada's Alimentation Couche-Tard Inc., Nikkei Asia reported, citing unnamed sources.
Seven & i faces Couche-Tard's...
Japan's Seven & i Holdings Co., Ltd, the owner of the world's largest convenience store chain 7-Eleven, confirmed on Wednesday that it has received a new acquisition offer from Canadian company Alimentation Couche-Tard Inc. (ACT) after rejecting the previous offer worth about $40 billion. "As...
Seven & i Holdings Co., the parent company of 7-Eleven, appointed Japan's largest investment bank, Nomura Holdings Inc., to advise its board as it faces a potential takeover bid, the Financial Times reported, citing people with knowledge of the situation.
The offer involves the Circle K brand owner,...
The Federal Trade Commission (FTC) has allegedly warned the parent companies of Circle K and 7-Eleven to keep all documents related to a potential merger of their petrol station and convenience store chains, which is estimated to be worth $39 billion, the Financial Times reported on Tuesday,...
Japanese owner of the supermarket chain 7-Eleven, Seven & I Holdings, is reportedly considering strategic measures to block a potential takeover bid from Canada's Alimentation Couche-Tard Inc., sources told the Financial Times on Tuesday.Insiders reveal that the Japanese parent company is...
Retail and fast-food giants Walmart, 7-Eleven, and Chick-fil-A are pioneering a new drone delivery technology, DroneUp, the company developing the technology told Axios on Tuesday.DroneUp, partly owned by Walmart, introduced today its autonomous drone ecosystem, including a...
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