Breaking News: Alimentation Couche-Tard Eyes Seven & I Holdings in Historic Deal
Alimentation Couche-Tard has set its sights on the largest takeover of a Japanese company with its proposed acquisition of Seven & I Holdings. The Canadian convenience store giant is looking to buy 7-Eleven owner Seven & I Holdings in a deal that could be valued at over ¥5.63 trillion ($38.4 billion).
This potential acquisition is not only significant in size but also in rarity. Historically, attempts to acquire major Japanese companies have been met with resistance due to government protectionist policies and a focus on stability over shareholder value. However, Alimentation Couche-Tard is breaking the mold with its bold move.
If successful, this deal would mark a turning point in cross-border acquisitions involving Japanese businesses. Stay tuned for more updates on this groundbreaking proposal!