Couche-Tard Continues Seven & i Bid
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hostile takeover bidReuters
•Couche-Tard persistent on pursuing deal with Japan's Seven & i, CEO says
81% Informative
Alimentation Couche-Tard CEO Alex Miller says Canadian retailer will continue "friendly approach" with 7-Eleven operator Seven & i.
Canadian retailer had first approached Seven &i in August for largest-ever foreign buyout of a Japanese company.
Seven and i rejected the initial offer of $38.5 billion , but raised it to $47 billion .
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