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What will be Seven & i Holdings' strategic move by mid-2025 in response to Couche-Tard's bid?
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Resolution / Starting Odds
IPO of supermarket unit • 25%
Further asset sales • 25%
New defensive measures • 25%
No significant moves • 25%
Official announcements from Seven & i Holdings or major financial news outlets
Story
Seven & i Considers Supermarket Stake Sale, Amid $47 Billion Couche-Tard Bid
Oct 9, 2024, 01:11 AM
Seven & i Holdings, the Japanese owner of 7-Eleven, is considering selling a stake in its supermarket unit ahead of a planned IPO. This move is part of a broader strategy to streamline operations and enhance value growth. The decision comes after rejecting a takeover offer from Alimentation Couche-Tard. Couche-Tard has since raised its offer to $47 billion, valuing the shares at ¥7 trillion, a 20% premium over the previous bid. This revised bid has led to a 10% increase in Seven & i's shares. The company is also looking to bolster its takeover defenses by selling non-core assets. Seven & i CEO Ryuichi Isaka will make his first public appearance since the revised offer. Additionally, Quebec’s public pension manager has indicated it will likely provide financial backing to Couche-Tard if the takeover proceeds.
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Successful Acquisition • 25%
Bid Rejected • 25%
Bid Withdrawn • 25%
Other • 25%
Accepted without conditions • 25%
Accepted with conditions • 25%
Rejected • 25%
Offer withdrawn • 25%
Yes • 50%
No • 50%
Yes • 50%
No • 50%
Accepted • 25%
Rejected • 25%
Modified and Accepted • 25%
No Decision by Deadline • 25%
Sell Non-Core Assets • 25%
Seek Alternative Buyers • 25%
Strengthen Defense Against Acquisition • 25%
Other • 25%
Increase by more than 20% • 25%
Increase by 10-20% • 25%
Increase by less than 10% • 25%
Decrease or No Change • 25%
Yes • 50%
No • 50%
Yes • 50%
No • 50%
Expands into new countries • 25%
Focuses on existing markets • 25%
Exits more international markets • 25%
Other strategic focus • 25%
