Seven & i Holdings’ shares slide on likely U.S. probe into a potential M&A deal with Couche-Tard

Seven & i Holdings’ shares slide on likely U.S. probe into a potential M&A deal with Couche-Tard

A 7-Eleven convenience store, operated by Seven & i Holdings Co., in Kawasaki, Japan, on Monday, Aug. 19, 2024.  Bloomberg | Bloomberg | Getty Images Shares of Seven & i Holdings fell on Wednesday following a report that the U.S. Federal Trade Commission has informed the Japanese retail giant about a potential investigation into a … Read more

U.S. presidential debate, South Korea unemployment

U.S. presidential debate, South Korea unemployment

The upscale shopping district of Ginza in Tokyo, Japan, on Saturday, May 4, 2024.  Bloomberg | Bloomberg | Getty Images Asia-Pacific markets opened lower on Wednesday, despite gains on Wall Street ahead of the U.S. August consumer inflation report due Wednesday. Traders in Asia parsed key economic data from Japan and South Korea. South Korea reported … Read more

7-Eleven’s parent company rejects takeover proposal, says offer ‘grossly undervalues’ company

7-Eleven’s parent company rejects takeover proposal, says offer ‘grossly undervalues’ company

Customers exit a 7-Eleven convenience store, operated by Seven & i Holdings Co., in Kobe, Japan, on Friday, Aug. 30, 2024. Alimentation Couche-Tard Inc. had made a preliminary non-binding proposal to buy Seven & i, which operates more than 85,000 stores across the globe, and the deal would be the biggest-ever foreign takeover of a … Read more

7-Eleven buyout deal likely to face anti-trust issues: Retail analyst

Seven & i Holdings’ shares slide on likely U.S. probe into a potential M&A deal with Couche-Tard

A 7-Eleven convenience store, operated by Seven & i Holdings Co., in Kawasaki, Japan, on Monday, Aug. 19, 2024.  Bloomberg | Bloomberg | Getty Images Circle K operator Alimentation Couche-Tard’s proposal to acquire Japanese rival and 7-Eleven owner Seven & i Holdings Co., is likely to attract antitrust scrutiny, particularly in the U.S., according to … Read more