7-Eleven owner confirms new takeover offer from Couche-Tard

7-Eleven owner confirms new takeover offer from Couche-Tard …C0NTINUE READING HERE >>>

While 7-Eleven began life in the United States, it’s been wholly owned by Japan’s Seven & i since 2005.
Photo: Richard A. Brooks / AFP/File
Source: AFP

The Japanese owner of 7-Eleven said on Wednesday it had received a “revised” takeover offer from Canadian rival Alimentation Couche-Tard after rejecting an initial bid worth around $40 billion.

7-Eleven is the world’s biggest convenience store chain and has more than 85,000 outlets worldwide, around a quarter of those in Japan.

Seven & i Holdings did not give a figure for the revised offer from Alimentation Couche-Tard (ACT) but…

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