Seven & i Shares Drop Following Reports of Rejected Buyout Offer

Reported about 5 hours ago

Seven & i Holdings Co. saw a significant decline in its shares after a report suggested the company might reject a $47 billion takeover offer from Canada's Alimentation Couche-Tard, a claim Seven & i later denied. Despite confirming ongoing discussions with Couche-Tard, the stock fell by as much as 11.7%, with investors remaining cautious about the company's future amid antitrust concerns and governance reforms in Japan affecting foreign investments.

Source: YAHOO

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