Couche-Tard Won't Seek Hostile Seven & I Takeover, Nikkei Says [Yahoo! Finance]
SEVEN & I HLDGS UNSP/ADR (SVNDY)
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Source: Yahoo! Finance
Seven & i Holdings Co. while keeping his proposal for a ¥7.3 trillion ($47.3 billion) buyout on the table, according to a Nikkei report. Most Read from Bloomberg Trump Promises Could Have Seismic Impact on Washington Economy Paris to Replace Parking Spaces With Trees Tokyo's Scorching Summers Focus Public Anger Against Tree Cutting NYC Mayor Adams Names Jessica Tisch to Lead Police Head Amid Probes New York's Transit Agency Approves $9 Congestion Toll After Bouchard and Couche-Tard executives traveled to Tokyo last month to seek a meeting with the Japanese retailer's management, a competing ¥9 trillion management buyout proposal came from the founding Ito family with support from banks and Itochu Corp. Seven & i's board has yet to respond to either offer. Most Read from Bloomberg Businessweek Jaylen Brown Is Taking On Nike With $200 Sneakers Clear's Dominance in Airports Could Be Coming to an End An Airline's Florida Resort Dreams Look More Like a Nightmare W
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News
- Couche-Tard chairman reportedly says company isn't considering hostile takeover bid for Seven & i [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Stock market today: Asian markets mostly lower as worries over Russia-Ukraine war loom [Yahoo! Finance Canada]Yahoo! Finance Canada
- Corporate Shakeups Light Up Tokyo Bourse on Down Day for Stocks [Yahoo! Finance Canada]Yahoo! Finance Canada
- Seven & i shares surge on report founding Ito family plans privatization bid [Yahoo! Finance]Yahoo! Finance
- Seven & i shares soar after report founding family aims to complete buyout this financial year [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The