Couche-Tard Intensifies Push for $47 Billion 7-Eleven Takeover

The Canadian retailer emphasizes a friendly approach as Seven & i resists the historic acquisition bid.

Alimentation Couche-Tard has increased its offer to $47 billion in its attempt to acquire Seven & i Holdings, the Japanese parent company of 7-Eleven.
Seven & i has resisted the takeover, citing undervaluation, U.S. antitrust concerns, and a preference to boost its own value through restructuring efforts.
Couche-Tard executives held a press conference in Tokyo, pledging to retain 7-Eleven Japan's local management and operational model to ease public concerns.
The proposed acquisition would be Japan's largest-ever foreign buyout, combining 7-Eleven and Circle K to create a global convenience store leader.
Seven & i faces growing pressure from shareholders to engage in talks, with critics highlighting stagnating performance and internal dysfunction.