Couche-Tard Eyes 7-Eleven Acquisition
This is a U.S. news story, published by financialpost, that relates primarily to Seven & i Holdings Co. news.
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Tard advance acquisition talksfinancialpost
•Business
Business & Economics
Couche-Tard ready to boost bid if 7-Eleven owner engage in talks
74% Informative
Alimentation Couche-Tard Inc. said it could increase its offer to acquire rival Seven & i Holdings Co. , but only if the latter engages in takeover talks.
Seven & i announced sweeping changes, including the sale of its superstore business for $5.4 billion , a share buyback program worth 2 trillion and a listing of its U.S. business.
A combination would create a retail giant with more than 100,000 stores earning over $150 billion in revenue.