Couche-Tard Can’t Boost Seven & I Bid Much Higher Than $47 Billion, Analysts Say
Canadian convenience store operator Alimentation Couche-Tard Inc. still has room to increase its $47 billion bid for Seven & i Holdings Co., but any further boost is likely to be small, analysts say.Couche-Tard made a second offer to Seven & i last month at $18.
Couche-Tard raises bid for Seven & i, despite initial rejection
"Couche-Tard raises bid for Seven & i, despite initial rejection" was originally created and published by Retail Insight Network, a GlobalData owned brand.
Alimentation Couche-Tard Ups Bid for 7-Eleven Parent Company
LAVAL, Quebec, & TOKYO — Alimentation Couche-Tard Inc. is continuing its efforts to acquire Seven & i Holdings Co Ltd., parent company to 7-Eleven Inc. Seven & i confirmed on Oct. 9 that it had received a revised confidential, private and nonbinding proposal from Couche-Tard.
Couche-Tard Suggested Higher Price of $47 Billion for Seven & I
Tard Inc. sent Seven & i Holdings Co. a new potential acquisition price of ¥7 trillion ($47.2 billion), people with knowledge of the matter said, showing that the Canadian company is still seeking to enter takeover talks after its initial bid was rejected.
7-Eleven owner Seven & i Holdings receives $47 billion offer from Couche-Tard
Canada’s Alimentation Couche-Tard has raised its bid for Japan’s Seven & i Holdings to $47 billion, potentially marking the largest-ever overseas buyout of a Japanese firm.
Alimentation Couche-Tard Raises Bid for Seven & i
Alimentation Couche-Tard Inc., the parent of the Circle K convenience-store chain, has raised its offer to acquire Seven & i Holdings Co. Ltd., the parent of the 7-Eleven and Speedway c-store chains, from $14.86 per share or approximately $39 billion, to $18.19 per share or approximately $47.2 billion, about 21%, according to a Bloomberg report.
Couche-Tard Raises Bid For 7-Eleven To $47 Billion
Canada's Alimentation Couche-Tard (ATD) has increased its takeover offer for the 7-Eleven convenience store chain by 22% to $47 billion U.S. If it succeeds, the deal for Seven & i Holdings, the company that owns the 7-Eleven chain,
Alimentation Couche-Tard makes revised offer for 7-Eleven owner
The convenience store giant behind Circle K is not giving up its hope of taking over the Japanese owner of its international rival, 7-Eleven.
Couche-Tard hikes bid for 7-Eleven owner to $47 billion, sources say
Canada's Alimentation Couche-Tard (ACT) has made a revised bid for Seven & i Holdings, the Japanese company said on Wednesday, which two people familiar with the matter said hiked the offer by 22% to about $47 billion.
Couche-Tard sharply raises offer for 7-Eleven owner to about US$47-billion
News reports said the new proposal is worth roughly US$47-billion, an increase of more than 20 per cent from Couche-Tard’s ...
Convenience Store News2h
Couche-Tard Wins 2024 Top Women in Convenience Corporate Empowerment Award
LAS VEGAS — Alimentation Couche-Tard Inc. (ACT), the parent company of Circle K, was honored with the 2024 Top Women in ...
Seven & I Stock Surges 9.5% After Report of Couche-Tard Raising Buyout Bid
(Reuters) -Shares in Seven & i Holdings surged 9.5% in morning trading on Wednesday after Bloomberg News reported ...
Bloomberg L.P.3d
Quebec Pension Fund Says It’s Ready to Back Couche-Tard in 7-Eleven Quest
A senior executive at Quebec’s public pension manager said the fund will likely provide financial backing to Alimentation Couche-Tard Inc. if it moves ahead with a takeover bid for Seven & i ...