Japan's Seven & i rejects Couche-Tard's $38.5 billion takeover offer

TOKYO, Sept 6 (Reuters) - Japanese retail giant Seven & i Holdings (3382.T) said on Friday it had turned down Canada's Alimentation Couche-Tard's (ATD.TO) $38.5 billion cash bid, …

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Japan's Seven & I Rejects Couche-Tard's $38.5 Billion Takeover Offer

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TOKYO, Sept 6 (Reuters) - Japanese retail giant Seven & i Holdings (3382.T) said on Friday it had turned down Canada's Alimentation Couche-Tard's (ATD.TO) $38.5 billion cash bid, …

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Japan's Seven & I Rejects Couche-Tard's $38.5 Billion Takeover Offer

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Sep 5, 2024 · At $38.5 billion, the Couche-Tard bid is the largest all-cash offer for a company since Elon Musk bought Twitter for $40.2 billion in 2022, according to LSEG data. Mars Inc …

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Seven & I Turns Down Couche-Tard's $38.5 Billion Takeover Bid

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Sep 6, 2024 · Investing.com -- The board of 7-Eleven owner Seven&i Holdings (TYO:3382) has rejected a $38.5 billion cash bid from Canada's Alimentation Couche Tard (TSX:ATD), arguing …

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Seven & I Rejects Couche-Tard’s $38.5 Billion Takeover Bid

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Sep 6, 2024 · At $38.5 billion, the Couche-Tard bid is the largest all-cash offer for a company since Elon Musk bought Twitter for $40.2 billion in 2022, according to LSEG data. Mars Inc. …

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Japan's Seven & I Rejects Couche-Tard's $38.5 Billion Takeover Offer

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TOKYO (Reuters) -Japanese retail giant Seven & i Holdings said on Friday it had turned down Canada's Alimentation Couche-Tard's $38.5 billion cash bid, rejecting an offer that would be …

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Couche-Tard Asks 7-Eleven Owner For Talks After $38.5 Bln Offer ...

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Sep 8, 2024 · Deal would be largest-ever foreign takeover of a Japanese firm. Seven & i shares up 2.4%, trading above all-cash offer price. Sept 8 (Reuters) - Canada's Alimentation Couche …

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7-Eleven Owner Rejects Couche-Tard’s Takeover Bid

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Sep 8, 2024 · Share post: Seven & i Holdings, the Japanese parent company of convenience store chain 7-Eleven, has rejected a US$38.6 billion takeover offer from Canadian retail giant …

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Japan's Seven & I Rejects Couche-Tard's Takeover Offer

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Sep 6, 2024 · At $38.5 billion (€34.65 billion), the Couche-Tard bid is the largest all-cash offer for a company since Elon Musk bought Twitter for $40.2 billion (€36.18 billion) in 2022, according …

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7-Eleven Owner Rejects $39bn Cash Offer From Couche-Tard

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Sep 6, 2024 · 7-Eleven owner rejects $39bn cash offer from ... Couche-Tard’s unsolicited takeover bid for Seven & i is the largest in Japan by a foreign company and follows years of …

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Japan's Seven & I Rejects Couche-Tard's $38.5 Billion Takeover Offer

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Sep 6, 2024 · Source: Reuters/rl. TOKYO :Japanese retail giant Seven & i Holdings said on Friday it had turned down Canada's Alimentation Couche-Tard's $38.5 billion cash bid, …

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Seven & I Mulls MBO Following Couche-Tard Takeover Offers

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1 day ago · Seven & i, facing a $47 billion Couche-Tard bid, to separate some assets October 10, 2024 7-Eleven’s turnaround plan requires heavy lifting to stop Couche-Tard’s $47 bln takeover

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Seven & I Rejects Alimentation Couche-Tard’s Takeover Bid

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Sep 6, 2024 · Seven & i Holdings’ Board has rejected Alimentation Couche-Tard Inc.’s nearly $40 billion takeover bid, saying the proposal “grossly undervalues” the global convenience-store …

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7-Eleven Owner "Seven & I" Shares Soar On Couche-Tard’s

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Aug 19, 2024 · Shares of the Japan-based retail holding company Seven & I Holdings soared over 20% as of writing after it received a record takeover bid from the Canada-based rival firm …

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$10B Plan To Expand Turnpike Sparks Protest In North Jersey

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Jul 10, 2024 · The New Jersey Turnpike Authority wants to spend $10.7 billion to rebuild an 8.1-mile stretch of the I-78 Turnpike extension, doubling the number of lanes across the Newark …

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Knight Board Accepts Takeover Bid Hours After Getco Sweetens Deal

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Dec 18, 2012 · After Getco today upped its bid to buy 60 percent of Knight Capital, the Jersey City firm's board announced it would move forward on the $3.60 per share offer.

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FAQs about Japan's Seven & i rejects Couche-Tard's $38.5 billion takeover offer Coupon?

Why did seven &ampamp I reject Alimentation Couche-Tard's takeover proposal?

Seven &ampamp; i Holdings Co. rejects Alimentation Couche-Tard Inc.’s takeover proposal, saying the price is too low. Read more ...

Why did 7-Eleven reject a $38.5 billion bid from Alimentation Couche Tard?

Investing.com -- The board of 7-Eleven owner Seven&i Holdings (TYO:3382) has rejected a $38.5 billion cash bid from Canada's Alimentation Couche Tard (TSX:ATD), arguing in a letter made public on Friday that the offer was not in the best interest of its shareholders. ...

Why did seven & I reject a $39bn takeover offer from Couche-Tard?

David Keohane and Leo Lewis in Tokyo Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The board of Seven & i Holdings has rejected a near $39bn cash takeover offer from Canada’s Alimentation Couche-Tard, arguing it “grossly undervalues” the Japanese group and does not reflect regulatory risks over any deal. ...

Will Alimentation Couche-Tard buy 7 & I Holdings?

Sept 8 (Reuters) - Canada's Alimentation Couche-Tard (ATD.TO) said it was willing to engage in confidential discussions with Japanese retail giant Seven & i Holdings (3382.T) on its $38.5 billion takeover offer, as it remains keen on pursuing a buyout. ...

Will Couche-Tard take over seven & I?

Couche-Tard shares have fallen about 8% since its proposal to Seven & i was made public. The Japanese company said if Couche-Tard was to increase the value of the offer “very significantly” it would still be concerned over whether a takeover would be able to progress. ...

How much did Couche-Tard buy seven & I Holdings?

The takeover, which positions Seven & I as the largest Japanese target ever for a foreign buyout, pushed its market capitalization over $39 billion. Neither party provided details on the value of Couche-Tard’s offer.Seven & I Holdings is a holding company, managing various businesses through its subsidiaries. ...