US fund Artisan urges Seven & i to allow due diligence on Couche …

Oct 16, 2024 · U.S. fund Artisan Partners urged the board of Seven & i Holdings to allow Canada's Alimentation Couche-Tard (ACT) to conduct due diligence and negotiate a purchase …

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US Fund Artisan Urges Seven & I To Allow Due Diligence On Couche …

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Artisan holds 1.11% of Seven & i's outstanding shares, LSEG data showed. US fund Artisan urges Seven & i to allow due diligence on Couche-Tard's $47 billion buyout offer View all …

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U.S. Fund Urges Seven & I To Allow Due Diligence On $47 Billion …

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Oct 16, 2024 · Artisan Partners, a U.S. fund, called on Seven i Holdings to allow due diligence on Alimentation Couche-Tards $47 billion buyout offer, urging the Japanese company to expedite …

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Seven & I Investor Artisan Says It Supports Both Offers For Japanese ...

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13 hours ago · Seven & i investor Artisan says it supports both offers for Japanese retailer ... Couche-Tard Plans To Fund Most of US$47-billion Offer for 7-Eleven Owner With Debt, Keep …

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FAQs about US fund Artisan urges Seven & i to allow due diligence on Couche … Coupon?

Should 7 & I buy Couche-Tard?

an investor in the Japanese retailer says. Seven & i, which owns the 7-Eleven convenience-store chain, should immediately grant access to Couche-Tard to start due diligence and negotiate a price that maximizes value for shareholders, Artisan Partners International Value Team wrote in a letter published Wednesday. ...

Does artisan hold 7 & I shares?

Artisan had previously sent a letter to Seven & i in August calling on the firm to consider ACT's initial, lower offer as well as solicit offers for the company's Japanese subsidiaries. Artisan holds 1.11per cent of Seven & i's outstanding shares, LSEG data showed. ...

Does artisan have a stake in seven & I?

Artisan has a 1-per-cent stake in Seven & i and has been a shareholder since 2019, according to the letter. “This restructuring plan is too little, too late,” Artisan portfolio managers David Samra and Benjamin Herrick wrote in the letter addressed to Seven & i directors. ...

Could artisan take over a Japanese company by a foreign suitor?

Artisan’s portfolio managers David Samra and Ben Herrick cited the "historic implications” of a bid that could represent the biggest takeover of a Japanese company by a foreign suitor. ...

Is 7-Eleven restructuring 'too little too late'?

In a letter dated Oct. 15, Artisan portfolio managers David Samra and Benjamin Herrick said a restructuring plan announced last week by the 7-Eleven owner - in which it will bundle non-core assets into a holding company - was "too little, too late". ...

Was seven & I's restructuring plan 'too little too late'?

In a letter dated Oct. 15, Artisan portfolio managers David Samra and Benjamin Herrick said a restructuring plan announced by Seven & i last week was "too little, too late". ...