Founding family of 7-Eleven's Japanese owner has made a bid to take it private and head off takeover by Canadian rival Alimentation Couche-TardCouche-Tard's proposed acquisition of Seven & i could be historic in scale, with significant market reactions already observed.
Japan makes 7-Eleven takeover more difficult by designating convenience store parent a 'core' industryJapan's finance ministry designated Seven & i a 'core' industry, complicating Couche-Tard's takeover attempt and marking a significant regulatory challenge.
Founding family of 7-Eleven's Japanese owner has made a bid to take it private and head off takeover by Canadian rival Alimentation Couche-TardCouche-Tard's proposed acquisition of Seven & i could be historic in scale, with significant market reactions already observed.
Japan makes 7-Eleven takeover more difficult by designating convenience store parent a 'core' industryJapan's finance ministry designated Seven & i a 'core' industry, complicating Couche-Tard's takeover attempt and marking a significant regulatory challenge.