Reported about 16 hours ago
Alimentation Couche-Tard has entered into a non-disclosure agreement with Japan's Seven & i, granting the Canadian company access to essential financial data as it pursues a $47 billion acquisition. This agreement marks a significant step in the takeover discussions that have been ongoing since August, allowing Couche-Tard to potentially enhance its offer. Despite previous roadblocks regarding standard protections in the agreement and antitrust concerns, Seven & i is currently undergoing management changes and operational adjustments while exploring divestment options.
Source: YAHOO