7-Eleven owner considers going private to avoid foreign buyout: reports …C0NTINUE READING HERE >>>
7-Eleven is the world’s biggest convenience store chain, with around 85,000 outlets worldwide.
Photo: Patrick T. Fallon / AFP
Source: AFP
The Japanese owner of 7-Eleven is considering going private by buying back its own shares in a bid to avoid a takeover by Canadian rival Couche-Tard, reports said on Wednesday.
Seven & i Holdings is eyeing the move as a countermeasure to Circle K owner Alimentation Couche-Tard’s seven trillion yen ($45 billion) takeover proposal, the Nikkei business…
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