Couche-Tard Persists in $38.5 Billion Bid for 7-Eleven Parent Seven & i

Canadian firm pushes for discussions, believes merger would enhance brand and drive innovation despite regulatory concerns.

Alimentation Couche-Tard remains committed to acquiring Seven & i Holdings despite the initial rejection of its $38.5 billion bid.
Couche-Tard believes a merger would bring significant strategic and financial benefits, enhancing the 7-Eleven brand and driving innovation.
Seven & i Holdings is open to improved offers that address regulatory concerns and better reflect its value.
The proposed acquisition would create a dominant global retail network, potentially controlling nearly 20% of the U.S. convenience store market.
Seven & i's stock saw a notable increase following the takeover bid, indicating market optimism and concern over the deal.