Japanese owner of 7-Eleven announces counter-bid to block proposed RM200b buyout by Canadian rival

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TOKYO, Nov 13 — The Japanese owner of 7-Eleven said today its founding family had offered a counter-bid to a takeover at...

Couche-Tard, which began with one store in Canada’s city of Laval in 1980, now runs nearly 17,000 convenience outlets worldwide.

Then the group said last month it had received a revised offer that reportedly totalled around seven trillion yen.

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Article Details

Category: EconomyBusiness

Markets: MalaysiaCanadaChinaJapanOmanUnited StatesVietnam

Topics: Convenience stores Alimentation Couche-Tard 7-Eleven Corporate takeover

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-13 @ 16:13:45 (3 hours ago)

News Timezone: GMT +8:00

News Source URL: malaymail.com

Language: English

Article Length: 438 words

Reading Time: 3 minutes read

Sentences: 29 lines

Sentence Length: 16 words per sentence (average)

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Copyright Owner: © Malay Mail

News ID: 23568201

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