Couche-Tard rejects Seven & i's antitrust concerns over $47 billion takeover bid
Canada's Alimentation Couche-Tard on Tuesday said it is confident there is a "clear path" to overcome U.S. regulatory hurdles in its proposed $47 billion acquisition of Japan's Seven & i, and expressed frustration at the 7-Eleven owner's "limited engagement.
Couche-Tard Reiterates Commitment to Seven & i Takeover
The Canadian owner of Circle K said its takeover proposal for the 7-Eleven parent presents clear economic value.
Couche-Tard Urges 'Full Engagement' With Seven & i Holdings
Seven & i subsidiary 7-Eleven Inc. operates, franchises and/or licenses more than 13,000 stores in the United States and Canada. In addition to 7-Eleven stores, it operates and franchises Speedway, Stripes, Laredo Taco Co., and Raise the Roost Chicken and Biscuits locations.
Couche-Tard 'disappointed' at Seven & i's approach over takeover bid
TOKYO (Kyodo) -- Canadian convenience store giant Alimentation Couche-Tard Inc. said Tuesday it is "disappointed" at what it described as its Japanese rival Seven & i Holdings Co.'s "very limited" engagement with its takeover proposal.
Couche-Tard Keeps Pushing to Buy Seven & i, Sees US Approval
Canadian convenience store operator Alimentation Couche-Tard Inc. will keep up “friendly and persistent” attempts to forge a deal to acquire Seven & i Holdings Co., saying that it has financing in place and sees a clear path to gaining antitrust regulatory approval in the US.
Couche-Tard hits out at 7-Eleven owner's 'limited' engagement
TOKYO -- Canadian convenience chain operator Alimentation Couche-Tard said it was disappointed by Seven & i's "very limited" engagement, as it reiterated its determination to pursue its $47 billion takeover of the 7-Eleven owner.
Couche-Tard sees clear path to regulatory approval for Seven & i takeover
Canada's Alimentation Couche-Tard said on Tuesday it is confident in attaining the U.S. regulatory approvals required to buy out Japan's Seven & i Holdings after the latter said antitrust law would be a barrier to any deal.
Couche-Tard 'disappointed' by 'limited' engagement from takeover target Seven & i
Alimentation Couche-Tard says it's "disappointed" with the “limited” engagement it alleges it’s received from 7-Eleven’s parent company, since it made a play for the Japanese business last year.
Couche-Tard Confident in U.S. Approval for Seven & i Buyout Despite Hurdles
Alimentation Couche-Tard remains optimistic about securing U.S. regulatory approval for its proposed acquisition of Japans Seven i Holdings, despite the latter citing antitrust concerns. The Canadian convenience
Seven & i in talks with Couche-Tard over store sales for merger deal
Japan's Seven & i Holdings said on Monday that talks have begun with Canada's Alimentation Couche-Tard (ACT) over a store ...
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Alimentation Couche-Tard Revises Proposal to Acquire Seven & i
Disappointed’ with level of engagement, convenience-store retailer provides update on its case for a combined Circle ...
7-Eleven, Couche-Tard advance acquisition talks with divestment exploration
The parent company of 7-Eleven appears to be warming to a possible sale to Quebec-based convenience store owner Alimentation ...
7-Eleven, Couche-Tard identifying thousands of stores to sell to prep for megadeal
If the retailers reach a deal, many of their overlapping locations would need to be divested to avoid antitrust pitfalls.
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Seven & i Suggests Couche-Tard Divest All of Its U.S. Convenience Stores
In letter to shareholders, retailer cites ‘cautionary tale’ of terminated Albertsons-Kroger deal’s flawed divestiture ...
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Seven & i Holdings & Couche-Tard Explore Possible Divestitures
Seven & i subsidiary 7-Eleven Inc. operates, franchises and/or licenses more than 13,000 stores in the United States and ...
7-Eleven Owner, Couche-Tard Financial Advisers Looking for Potential Buyers for Some Stores
Seven & i Holdings said in a letter to shareholders Monday that Couche-Tard recently agreed to jointly explore a potential ...
Alimentation Couche Tard Inc. stock falls Monday, underperforms market
Alimentation Couche Tard Inc. closed 16.5% below its 52-week high of C$85.53, which the company reached on July 31st.