Seven & i investor Artisan says it supports both offers for Japanese retailer [Yahoo! Finance Canada]
SEVEN & I HLDGS UNSP/ADR (SVNDY)
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Source: Yahoo! Finance Canada
Seven & i received a buyout proposal from a member of its founding Ito family, it said on Wednesday, a potential $58 billion white-knight bid as it weighs a rival offer from Canada's Alimentation Couche-Tard. In a statement, Artisan portfolio manager Ben Herrick said the fund supports both offers at this stage. (Reporting by Rocky Swift; Editing by Kim Coghill) Recommended Stories
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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
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- 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