Japan flags foreign takeover of 7-Eleven owner as a security issue

Quick Summary:

TOKYO :A potential foreign acquisition of Japanese retail giant Seven & i would be "heavily related" to national security, Japan's economy minister Ryosei Akazawa said on Wednesday.

The central bank "may want policy leeway by having more room for a rate cut that could be conducted in case of emergencies," he added.

The owner of 7-Eleven convenience stores has rejected Couche-Tard's offer and its founding family is in talks to take the company private to fend off the takeover attempt.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Category: EconomyBusiness

Markets: SingaporeCanadaJapan

Topics: Security Potential 7-eleven National Rate Akazawa Japan Seven Store Convenience

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-08 @ 17:48:34 (1 days ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 392 words

Reading Time: 3 minutes read

Sentences: 16 lines

Sentence Length: 25 words per sentence (average)

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

Copyright Owner: © Channel News Asia

News ID: 24976460

View Article Analysis

About Channel News Asia

Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

Update Frequency: 38 posts per day

Year Established: 1999

Headquarters: Singapore

News Last Updated: 48 minutes 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: #27

Publisher Details

Frequently Asked Questions