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Couche-Tard pushes for 7-Eleven deal again after $50b offer rejected
The Straits Times
|September 10, 2024
Canadian retailer Alimentation Couche-Tard said on Sept 8 that it is willing to enter a non-disclosure agreement with 7-Eleven operator Seven & i Holdings and is keen on still pursuing an acquisition.
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The 7-Eleven owner has said the US$38.5 billion (S$50 billion) offer is not in the best interest of its shareholders and could face antitrust challenges in the United States.
Couche-Tard said it would consider divestitures that may be required to secure regulatory approvals.
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