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Couche-Tard Pushes for Seven & I Deal Talks After Rejection

Couche-Tard Pushes for Seven & I Deal Talks After Rejection
September 9, 2024



Alimentation Couche-Tard Inc. advised Seven & i Holdings Co. that it needs to paintings in combination to agree on a “pleasant” takeover, after the Eastern convenience-store operator driven again at the Canadian corporate’s preliminary proposal.In an indication that talks are set to accentuate, Circle Ok proprietor Couche-Tard mentioned in a statementBloomberg Terminal that it stays “extremely involved in consummating a transaction with 7&i this is in the most productive pursuits of all constituencies,” confirming an previous Bloomberg Information document. Seven & i adopted that up with a brief observation in a while Monday, announcing that it will be keen to speak if Couche-Tard tables a suggestion that “totally acknowledges Seven & i’s standalone intrinsic price.”

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