7-Eleven's Japanese Owner Faces Potential Takeover by Couche-Tard
The acquisition could reshape convenience store markets in the US and Japan, but requires Japanese government approval.
- Seven & i Holdings, valued at $36 billion, is considering a takeover bid from Canada's Alimentation Couche-Tard.
- Couche-Tard aims to leverage synergies in North America, where Seven & i operates over 15,000 stores.
- Japanese government approval is needed for the deal, posing a potential obstacle due to national security concerns.
- Fans of Japanese 'conbini' food worry that a buyout could affect the quality and uniqueness of 7-Eleven's offerings.
- Seven & i is introducing over 200 Japanese-style food items in US stores to boost profitability.