Couche-Tard Raises 7-Eleven Takeover Bid to $47 Billion

The Canadian convenience store giant's revised offer aims to create the largest global chain amid regulatory and strategic challenges.

Seven & i Holdings confirmed receipt of Couche-Tard's revised, non-binding proposal, valuing the company at $47 billion, a 22% increase from the initial offer.
The proposed acquisition would mark the largest-ever foreign takeover of a Japanese firm, potentially creating a 100,000-store global convenience chain.
Seven & i is restructuring to focus on its core convenience store business, spinning off non-core units into a new subsidiary to unlock shareholder value.
The Japanese firm's shares have surged over 30% since the takeover interest became public, reflecting investor anticipation and pressure.
Regulatory hurdles, particularly in the U.S., remain a significant challenge, with concerns over market concentration and national security implications.