Japan's 7 & i, facing a $47 billion Couche-Tard bid
7-Eleven Owner Plans Revamp of Noncore Businesses Amid Buyout Interest From Couche-Tard
Seven & i Holdings slashed its profit outlook and announced plans to revamp its noncore businesses as it faced a revised takeover bid from Canada’s Alimentation Couche-Tard.
Couche-Tard Hikes Bid for 7-Eleven Owner to $47 Billion, Sources Say
TOKYO (Reuters) -Canada's Alimentation Couche-Tard (ACT) has made a revised bid for Seven & i Holdings, the Japanese company said on Wednesday, which two people familiar with the matter said hiked the offer by 22% to about $47 billion.
Japan's Seven & i unveils restructuring plan as $47 billion Couche-Tard bid looms
Seven & i Holdings announced on Thursday a roadmap to hive off underperforming businesses and focus on its convenience store operations, as the retailer aims to fend off a $47 billion takeover bid from Canada's Alimentation Couche-Tard.
Seven & I Posts 35% Drop in First-Half Profit Amid Buyout Interest From Couche-Tard
Seven & i Holdings reported a 35% drop in first-half net profit, a worse-than-expected result that comes as the convenience-store giant is faced with a revised takeover bid from Canada’s Alimentation Couche-Tard.
7-Eleven owner confirms new takeover offer from Couche-Tard
The Japanese owner of 7-Eleven said on Wednesday it had received a "revised" takeover offer from Canadian rival Alimentation Couche-Tard after rejecting an initial bid worth around $40 billion.
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7-Eleven owners back Prop 36 with $1 million check following wave of robberies
7-Eleven owners, city officials and law enforcement rallied together Thursday to support Prop 36, after a string of brazen ...
7-Eleven's parent company cuts full-year earnings forecast, presses ahead with restructuring
Japanese convenience retailer Seven & i Holdings slashed its earnings forecasts for the fiscal year ending February 2025. The ...
Heard on the Street: Takeover Bid Opens 7-Eleven to Change
Tard’s offers to buy 7-Eleven’s Japanese parent haven’t clinched a deal. But they have nudged it to be more ...
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Saginaw man pleads to shooting stranger in chest at 7-Eleven
Jermaine T. Williams, 43, on Tuesday, Oct. 8, appeared before Saginaw County Circuit Judge Darnell Jackson and pleaded guilty ...
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7-Eleven employees violently attacked by thieves in Hollywood
Eleven employees were assaulted by thieves Tuesday night at a store on the Hollywood Walk of Fame. The attack happened ...
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7-Eleven owner restructures to fight takeover
The owner of 7-Eleven announced a major restructuring on Thursday as it seeks to boost its share price and fend off what ...
7-Eleven Parent To Spin Off Non-Core Businesses as It Faces Takeover Bid
Eleven owner Seven & i announced Thursday that it was creating a wholly owned subsidiary that would include its non-convenience store units.
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Million dollar lotto ticket sold at 7-Eleven in Chicago
CHICAGO — Someone started this week a million dollars richer. A winning Illinois Lottery ticket was sold at a 7-Eleven on ...
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LA 7-Eleven owners donate $1 million to Prop 36 campaign following series of flash mob robberies
As 7-Eleven stores across Southern California continue to be targeted by "flash mob" robbers, some store owners are backing ...
7-Eleven owners back Prop 36 with $1 million check
Southern California 7-Eleven owners have thrown their support behind Prop 36 after a string of flash mob robberies at their ...
7-Eleven shares jump as rival makes new buyout offer
Shares in the owner of convenience store giant 7-Eleven jumped on Wednesday after it received a new takeover offer from ...