Couche-Tard approaches 7-Eleven owner again after $50 billion offer rejection

Quick Summary:

7-Eleven owner has said the offer is not in its shareholders' best interest and could face antitrust challenges in the US.

Couche-Tard said it would make an all-cash offer and that financing would not be a condition to close the transaction.

The proposal could signal a willingness to offer a higher price if Seven & i agrees to friendly negotiations, the report said citing one person familiar with the matter.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Category: EconomyBusiness

Markets: SingaporeJapanUnited States

Topics: Store Japanese Convenience Create Company Couche-tard Deal Global Offer Seven Behemoth

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-09 @ 07:56:00 (4 hours ago)

News Timezone: GMT +8:00

News Source URL: straitstimes.com

Language: English

Article Length: 385 words

Reading Time: 3 minutes read

Sentences: 17 lines

Sentence Length: 23 words per sentence (average)

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

Copyright Owner: © The Straits Times

News ID: 22415481

View Article Analysis

About The Straits Times

Main Topics: EconomyBusiness

Official Website: straitstimes.com

Update Frequency: 12 posts per day

Year Established: 1845

Headquarters: Singapore

News Last Updated: 1 hours ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #25

Publisher Details

Frequently Asked Questions