Couche-Tard Intensifies Bid for Seven & i in $47 Billion Takeover Attempt

The Canadian convenience store giant seeks to address regulatory concerns and win public support for what could become Japan's largest-ever foreign buyout.

• Alimentation Couche-Tard is pursuing a $47 billion acquisition of Seven & i Holdings, the parent company of 7-Eleven, in what would be Japan's largest foreign takeover.
• Couche-Tard executives held a press conference in Tokyo, emphasizing their commitment to maintaining the quality and operations of 7-Eleven stores in Japan.
• Seven & i has resisted the deal, citing concerns over undervaluation and significant regulatory hurdles, particularly in the U.S. market where both companies have a strong presence.
• Couche-Tard has proposed divesting some U.S. stores to address antitrust concerns and expressed confidence in securing regulatory approval.
• Despite limited engagement from Seven & i, Couche-Tard continues to advocate for a 'friendly' transaction, positioning the merger as a step toward creating a global leader in convenience retail.

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