Why does Couche-Tard want to buy 7-Eleven? It’s a ‘cheap’ stock, says portfolio manager

Why does Couche-Tard want to buy 7-Eleven? It’s a ‘cheap’ stock, says portfolio manager

Participants taste onigiri at a product meeting for 7-Eleven Japan in Tokyo on Jan. 23, 2024. Staff and suppliers gathered to discuss flavors, textures and fillings for the Japanese riceballs, one of 7-Eleven’s most important products, with more than 2 billion sold each year. Noriko Hayashi | Bloomberg | Getty Images Alimentation Couche-Tard’s proposal to … Read more