Reported 4 months ago
According to Bloomberg News, Canada's Alimentation Couche-Tard is exploring how much to raise its bid for Japan's Seven & i Holdings after its initial offer of $38.5 billion was rejected. Couche-Tard expressed willingness to continue negotiations, but a new proposal's submission remains uncertain. Meanwhile, Seven & i has enlisted Nomura as an advisor for a potential takeover battle. Shares of Seven & i have risen, suggesting market optimism amidst the ongoing discussions.
Source: YAHOO