Couche-Tard rejects Seven & i's antitrust concerns over $47 billion takeover bid

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TOKYO :Canada's Alimentation Couche-Tard on Tuesday said it is confident there is a "clear path" to overcome U.S.regulatory hurdles in its proposed $47 billion acquisition of Japan's Seven & i, and expressed frustration at the 7-Eleven owner's "limited engagement".

FILE PHOTO: A Couche-Tard convenience store is seen in Montreal, Quebec, Canada January 13, 2021.

The Canadian suitor in late December submitted a proposal to the Japanese company outlining the commitments it was willing to make to meet U.S.regulatory approval and secure the deal.

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Article Details

Category: EconomyBusiness

Markets: SingaporeCanadaJapanUnited States

Topics: Deal Seven Couche-tard Regulatory Path Hurdles Clear Japanese Stores Been

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-11 @ 07:39:00 (1 days ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 610 words

Reading Time: 4 minutes read

Sentences: 23 lines

Sentence Length: 27 words per sentence (average)

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Copyright Owner: © Channel News Asia

News ID: 26878707

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