Couche-Tard Confident in Regulatory Approval Path for Seven & i Acquisition

Reported 1 day ago

Alimentation Couche-Tard expressed optimism about overcoming U.S. regulatory hurdles for its $47 billion acquisition of Japan's Seven & i, despite the latter's concerns about potential antitrust issues. Couche-Tard emphasized its commitment to a friendly approach and outlined plans to divest U.S. stores if necessary. The companies are the top players in the U.S. convenience-store market, and Couche-Tard is actively seeking buyers for store divestitures as part of its strategy to secure the deal.

Source: YAHOO

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