Reported about 21 hours ago
Japan's Economy Minister Ryosei Akazawa stated that a potential foreign acquisition of retail giant Seven & i, owner of 7-Eleven, is closely tied to national security. He highlighted concerns over the impact on disaster response capabilities if the convenience store chain operates solely for profit after a rejected $47 billion buyout offer from Canada's Alimentation Couche-Tard. The increasing global trend of protectionism in the name of national security has raised further debate about Seven & i's strategic importance to Japan.
Source: YAHOO