After a 20% price increase proposal was rejected, the Canadian retail giant once again launched an acquisition bid for 7-Eleven
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Canadian retail giant Couche-Tard has once again launched a takeover bid for 7-Eleven's parent company, Seven & i, offering $47 billion, a 20% increase from the previous bid. This move comes after its acquisition proposal in August was rejected. Insiders have revealed that no substantial negotiations have taken place between the two parties. Seven & i had previously stated that Couche-Tard's initial offer significantly undervalued the company. Analysts point out that if this acquisition is successful, it will be the largest foreign company acquisition in Japanese history
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