Canadian convenience store multinational Alimentation Couche-Tard (ANCUF.PK, ATD_B.TO, ATD_A.TO) said Sunday that it remains highly focused on consummating a transaction with Seven & I Holdings Co., Ltd (SVNDF.PK, SVNDY.PK), the Japanese owner of convenience store chain 7-Eleven. Couche-Tard is ready to engage in collaborative and friendly discussions to maximize value for Seven & I and its shareholders.
Recently, Seven & I Holdings rejected a $14.86 per share, or $38 billion, takeover bid from Alimentation Couche-Tard, stating that the offer 'grossly' undervalued the company and would raise regulatory concerns.
For comments and feedback contact: editorial@rttnews.com
Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.