Japanese retail conglomerate seeks to streamline its operations as it fends off bid from Alimentation Couche-Tard
Japan’s designation of Seven & i as a ‘core business’ means a deal will not be easy, but investors should benefit regardless
Canadian company’s non-binding offer to owner of 7-Eleven chain is 20% higher than initial rejected approach
Owner of 7-Eleven brand considers disposing of supermarket chain and selling stake in Seven Bank
Canadian retail entrepreneur has built a single shop into a 16,700-site global convenience store empire
String of recent megadeals includes $36bn acquisition by Mars and $20bn takeover by Verizon
Companies in Japan have long avoided foreign acquisitions, but that could be changing
Circle K parent Alimentation Couche-Tard says it is focused on securing deal with Seven & i
Merger of convenience store and petrol station chains would create one of the largest retail groups in America
Size of potential takeover likely to spark antitrust concerns in both US and Japan but deal makes sense for Couche-Tard
Shares in Seven & i rise on hopes of improved offer from Canada’s Alimentation Couche-Tard
Japanese company says Canadian rival ‘grossly undervalues’ group with proposal of close to $15 a share
Special committee reviewing the bid views the offer as insufficient and is concerned about regulatory risk
Couche-Tard’s approach to the owner of 7-Eleven could kick-start a wave of M&A activity in a country that has tended to avoid it
Artisan Partners want an update on negotiations after Couche-Tard’s unsolicited approach
Internal talks on blocking takeover attempt by Canada’s Couche-Tard comes despite official moves to look at best value for investors
Groups look for ways to take part in deal for Japanese convenience store company
Tie-up between Couche-Tard and Japan’s Seven & i would create one of America’s largest retail chains
Seven & i shares jump 22% after ‘friendly’ proposal from convenience store rival Couche-Tard
Seibu’s flagship store in Tokyo to close for one day in protest at planned sale to US investment fund
Reforms suggested by low-profile US hedge fund fail to impress shareholders
Long-term US shareholder urges board revamp at Japan’s Seven & i to boost stock price and governance
Shoppers love them but online delivery and overworked employees threaten the 24-hour store’s future
US antitrust regulator’s acting head ‘extremely troubled’ by decision to close petrol chain deal
The fallout from the pandemic has led people to think about building scale and resilience
