Reported 22 days ago
Japan's Finance Minister, Suzuki, stated that the recent designation of 7-Eleven's parent company, Seven & i Holdings, as 'core' to national security will not complicate any potential buyout, particularly in light of its rejection of a $38.5 billion offer from the Canadian company Alimentation Couche-Tard. Market analysts view the reclassification as a test for Japan's commitment to maintaining an open M&A environment, despite investor concerns over increased protectionism.
Source: YAHOO