7-Eleven shares jump after report of new buyout offer

Quick Summary:

Alimentation Couche-Tard has reportedly offered to pay over $47bn for the Japanese-owned retail giant.

If the deal went ahead, Couche-Tard's footprint in the US and Canada would more than double to about 20,000 sites and create a 100,000-strong global convenience store chain.

BBC News has contacted Couche-Tard and Seven & i for comment.

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Article Details

Category: Business

Markets: United KingdomCambodiaCanadaChinaIndiaJapan

Topics: Couche-tard Government Companies Offer Convenience Seven Takeover Store Japanese

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-09 @ 02:17:00 (12 hours ago)

News Timezone: GMT +0:00

News Source URL: bbc.com

Language: English

Article Length: 421 words

Reading Time: 3 minutes read

Sentences: 18 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BBC Business

News ID: 22963174

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Official Website: bbc.co.uk

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News Last Updated: 9 hours ago

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