Reported about 5 hours ago
Alimentation Couche-Tard, a Canadian retailer, remains focused on acquiring Seven & i Holdings, the parent company of 7-Eleven, despite a competing management buyout proposal worth around $58 billion. CEO Alex Miller emphasized the company's commitment to a friendly acquisition approach, as they believe it would benefit all stakeholders. Despite challenging economic conditions impacting operations, Couche-Tard is confident in its ability to finance the deal, although analysts suggest that the acquisition may not materialize.
Source: YAHOO