Couche-Tard executives in Japan to push 7-Eleven deal …C0NTINUE READING HERE >>>
7-Eleven ‘konbini’ are a one-stop shop in Japan for everything from rice balls to concert tickets to photocopies.
Photo: Richard A. Brooks / AFP
Source: AFP
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 — but the Canadian side has since sweetened the offer by around 20…
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