The proposed acquisition by Alimentation Couche-Tard of 7-Eleven would represent a monumental shift in the convenience store landscape, potentially being the largest foreign takeover of a Japanese company.
Although ACT's initial offer was rejected as 'opportunistically timed' by Seven & i Holdings, Couche-Tard emphasizes their strong commitment to pursuing further negotiations to reach a mutually beneficial deal.
Couche-Tard has expressed confidence in their financial capacity to complete the acquisition of 7-Eleven without needing financing as a condition for closing the deal.
ACT's ambition reflects the growing global competition in the convenience store sector, as they aim to consolidate their presence by acquiring the world's largest chain, 7-Eleven.
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