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.

The Japanese owner of 7-Eleven said on Wednesday it had received a "revised" takeover offer from Canadian rival Alimentation Couche-Tard after rejecting

Japan's Seven & i Holdings said on Wednesday it had received a revised takeover bid from Canada's Alimentation Couche-Tard, with a report saying the offer had been sweetened by a fifth to value the 7-Eleven owner at $47 billion.

(Reuters) -Shares in Seven & i Holdings surged 9.5% in morning trading on Wednesday after Bloomberg News reported Alimentation Couche-Tard upped its acquisition price offer to $18.19 per share.

MONTREAL — Alimentation Couche-Tard Inc. has made a new offer for the Japanese owner of 7-Eleven. In a statement, Seven & i Holdings Co. Ltd. said Wednesday it has received a revised confidential, private and non-binding proposal from the Canadian convenience store operator.

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Japan's Seven & i Holdings said on Wednesday it had received a revised takeover bid from Canada's Alimentation Couche-Tard (ACT) , which was raised to around $47 billion from $38.5 billion, according to two people familiar with the matter.

Canada’s Couche-Tard has increased its offer for Japan’s Seven & i Holdings, signalling continued interest in acquiring the convenience store giant, Bloomberg has reported. The Canadian retailer has raised its bid to Y7trn ($47.

Japan’s Seven & i Holdings (PINL:SVNDF) received a revised takeover bid from Alimentation Couche-Tard (TSX:ATD) ・The Circle K owner pushed a new bid of around US$47 billion compared with its earlier US$38.