Couche-Tard Eyes 7-Eleven Acquisition

This is a U.S. news story, published by financialpost, that relates primarily to Seven & i Holdings Co. news.

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Tard advance acquisition talks

financialpost

•

Business

Business & Economics

Couche-Tard ready to boost bid if 7-Eleven owner engage in talks

Summary

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74% Informative

Alimentation Couche-Tard Inc. said it could increase its offer to acquire rival Seven & i Holdings Co. , but only if the latter engages in takeover talks.

Seven & i announced sweeping changes, including the sale of its superstore business for $5.4 billion , a share buyback program worth 2 trillion and a listing of its U.S. business.

A combination would create a retail giant with more than 100,000 stores earning over $150 billion in revenue.

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formal

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English

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not offensive

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