Seven & i plans break-up as 7-Eleven owner resists $47bn buyout proposal
Seven & i Holdings plans to split its convenience store operations from non-core businesses as the Japanese retail conglomerate faces an unsolicited $47bn buyout proposal from Alimentation Couche-Tard ...
Fighting Takeover, 7-Eleven Owner Focuses On Core Unit
The Japanese owner of 7-Eleven announced plans on Thursday to focus on its core business, in a move seen as fending off a takeover bid by Canada's Alimentation Couche-Tard.
7-Eleven owner to cut assets and refocus on convenience stores to counter Couche-Tard takeover
Japan’s Seven & i Holdings released results Thursday showing a 35% net profit drop, which will likely renew calls for it to ...
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 ...
7-Eleven Owner Says To Spin Off Non-core Businesses
The Japanese owner of 7-Eleven announced plans on Thursday to spin off non-core operations into a new holding company, a move seen as fending off a takeover bid by Canada's Alimentation Couche-Tard.
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 ...
Japan's Seven & i to set up holding company for non-core assets amid Couche-Tard bid
Japan's Seven & i (SVNDY) on Thursday unveiled plans to establish an intermediate holding company that will preside over the ...
Circle K's parent ups bid for 7-Eleven chain to $47 billion
The parent of the Canadian-based convenience store chain Circle K has increased its buyout offer to purchase the iconic ...
Seven & I Posts 35% Drop in First-Half Profit Amid Buyout Interest From Couche-Tard
Seven & i Holdings reported a 35% drop in first-half net profit, a worse-than-expected result that comes as the ...