Owner of 7-Eleven rejects $39bn takeover offer from Canadian rival7-Eleven's parent company rejected a $39 billion takeover bid, citing undervaluation and regulatory concerns while remaining open to higher offers.
Seven & i Holdings says Alimentation Couche-Tard's takeover bid 'grossly undervalues' the 7-Eleven ownerSeven & i Holdings rejected Alimentation Couche-Tard's takeover bid, citing undervaluation and regulatory concerns.Interest in further negotiations exists but requires recognition of intrinsic company value.
Owner of 7-Eleven rejects $39bn takeover offer from Canadian rival7-Eleven's parent company rejected a $39 billion takeover bid, citing undervaluation and regulatory concerns while remaining open to higher offers.
Seven & i Holdings says Alimentation Couche-Tard's takeover bid 'grossly undervalues' the 7-Eleven ownerSeven & i Holdings rejected Alimentation Couche-Tard's takeover bid, citing undervaluation and regulatory concerns.Interest in further negotiations exists but requires recognition of intrinsic company value.
3 Top Stocks to Buy Before the Fed Meets on September 17thFalling interest rates can lead to increased valuation multiples for high growth stocks, particularly in a low interest rate environment.