Reported 27 days ago
The recent takeover proposal for Seven & I Holdings has attracted investor interest in other Japanese retail companies, notably Aeon Co., which has seen its share prices rise by approximately 25% this year. The surge follows discussions from Alimentation Couche-Tard regarding a potential improved offer, alongside a favorable economic backdrop in Japan, including increased consumer spending and growing tourism. Analysts suggest that Japanese retailers appear undervalued in comparison to their international counterparts, further contributing to the rally in their stock prices.
Source: YAHOO