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VisitSeven & i Considers ¥5 Trillion Buyout Offer from Canada's Couche-Tard
Aug 19, 2024, 06:36 AM
Seven & i Holdings, the Japanese owner of the 7-Eleven chain, has received a buyout offer from Canadian convenience store operator Alimentation Couche-Tard. The offer, reported by the Nikkei newspaper, is under review by a committee of directors at Seven & i. If accepted, the deal could become the largest-ever foreign takeover of a Japanese company, with the offer reportedly valued at ¥5 trillion ($34 billion) or more. This development has led to a surge in Seven & i's share prices.
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Completed as proposed • 25%
Modified and completed • 25%
Rejected • 25%
Withdrawn • 25%
Ito family buyout succeeds • 25%
Couche-Tard acquires Seven & i • 25%
No acquisition takes place • 25%
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Goes private with Itochu and Ito family • 25%
Remains public • 25%
Acquired by foreign entity • 25%
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Ryuichi Isaka • 25%
New CEO Appointed • 25%
Interim CEO • 25%
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Itochu Corp. • 25%
Alimentation Couche-Tard • 25%
Another corporation • 25%
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Japanese megabanks • 25%
Itochu Corporation • 25%
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No buyout • 25%
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¥5.5 trillion to ¥6 trillion • 25%
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¥5 trillion to ¥5.5 trillion • 25%