Reported about 2 months ago
Canada's Alimentation Couche-Tard has officially confirmed its offer to acquire Japan's Seven & i, the parent company of 7-Eleven. Following the announcement, Seven & i saw its shares rise approximately 23%, bringing its market valuation to around 5.6 trillion yen ($38 billion). Couche-Tard, which operates Circle-K, is valued at C$79.65 billion ($58.25 billion).
Source: YAHOO