Japanese 7-Eleven owner sees market value jump 22.71pc on Canadian retail giant Couche-Tard’s takeover offer

  • 📰 malaymail
  • ⏱ Reading Time:
  • 41 sec. here
  • 6 min. at publisher
  • 📊 Quality Score:
  • News: 34%
  • Publisher: 86%

Couche-Tard News

7-Eleven,Japan,Takeover Bid

TOKYO, Aug 19 — Shares in the Japanese operator of 7-Eleven soared today after the firm confirmed it had received a takeover bid from Canadian retail giant Alimentation...

How Wong Zhi Noodle House became the most sought after ‘kai si hor fun’ stall in the Klang Valley... and there are 47 of them!

Sg Siput cops say probing death of 10-year-old Orang Asli girl found dead in swamp as murder, not ruling out rapeThe offer for Seven&i Holdings would create an international convenience store behemoth combining 7-Eleven, Couche Tard, Circle K and other brands across Asia, North America and Europe. — AFP picTOKYO, Aug 19 — Shares in the Japanese operator of 7-Eleven soared today after the firm confirmed it had received a takeover bid from Canadian retail giant Alimentation Couche-Tard.

With a market value of ¥5.6 trillion as of this afternoon, it would also be one of the biggest foreign acquisitions of a Japanese firm. Seven&i in a statement gave no details on the size of the offer and said it has formed a special committee of independent outside directors to examine it.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines