Seven & i Holdings Co Ltd (S6M.SG)
- Bloomberg
Couche-Tard Executives Make Case to Buy Seven & i in Tokyo
(Bloomberg) -- Alimentation Couche-Tard Inc.’s founder and top executives are spending three days in Tokyo this week, seeking to make their case for buying Seven & i Holdings Co. for about ¥7.1 trillion ($47.4 billion) despite being rebuffed by the Japanese retailer.Most Read from BloombergInside the ‘Utopias’ of Mexico CityOne City’s Plan to Re-Link a Neighborhood That Robert Moses DividedHow Mexico City Averted All-Out DroughtChicago Should Consider Furloughs, Higher Booze Tax, Watchdog SaysMe
- The Wall Street Journal
Heard on the Street: Takeover Bid Opens 7-Eleven to Change
Canadian convenience-store operator Alimentation Couche-Tard’s offers to buy 7-Eleven’s Japanese parent haven’t clinched a deal. The Japanese company said Thursday it plans to place its supermarket arm and other non-core businesses into a holding company, bringing in strategic investors before a later initial public offering. It also plans to rename itself “7-Eleven Corp.” to emphasize its focus on convenience stores.
