Japan 7-Eleven parent to mull takeover offer from Canada's Couche-Tard
TOKYO/LONDON -- Seven & i Holdings, the operator of 7-Eleven convenience stores, has received a takeover offer from Canadian convenience store giant Alimentation Couche-Tard -- owner of Circle K -- in what could potentially be the biggest-ever foreign takeover of a Japanese company.
Seven & i has set up a committee that has begun scrutinizing the proposal, including the valuation, multiple sources with knowledge of the matter told Nikkei.