Couche-Tard lobs ball back to Seven & i's court
What can you do when you can’t go hostile in a deal? For Alimentation Couche-Tard , the answer is a press conference. On Thursday, the Canadian owner of the Circle-K convenience store chain made the case for its takeover of Japan’s Seven & i to local media in Tokyo - a first since launching a $47 billion offer in August.
Couche-Tard Takes Case for Seven & i Acquisition to Tokyo
Alimentation Couche-Tard Inc. could increase its offer to acquire rival global convenience-store retailer Seven & i Holdings Co. Ltd., but only if the Tokyo-based company engages in talks, Couche-Tard executives said during a news conference held in Tokyo today to make a case for the transaction, Bloomberg reported.
Alimentation Couche Tard Inc. closed 20.3% short of its 52-week high of C$85.53, which the company reached on July 31st.
Tard will continue its friendly pursuit of Seven & i, executives said, even as they vented their frustrations over the slow ...
It is no secret that Alimentation Couche-Tard (TSE:ATD) has been actively pursuing ownership of Seven & i, the Japanese company behind the ...
Canada’s Alimentation Couche-Tard has reiterated its determination to acquire Seven & i Holdings, although the operator of ...
The Canadian owner of Circle K said its takeover proposal for the 7-Eleven parent presents clear economic value.
Disappointed’ with level of engagement, convenience-store retailer provides update on its case for a combined Circle ...
The Canadian convenience store giant and owner of Circle-K has sought to combat skepticism surrounding the deal, most ...
Shares of Alimentation Couche Tard Inc. ATD inched 0.04% higher to C$69.62 Wednesday, in what proved to be an all-around ...
CNW/ - Alimentation Couche-Tard Inc. ("Couche-Tard" or the "Corporation") (TSX: ATD), a global leader in convenience and ...
Alimentation Couche-Tard could bolster its $47 billion offer for Seven & I if the Japanese firm became more cooperative and ...
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