The Business Times

Seven & i

Consumer & Healthcare

Seven & i struggles to win back investors after failed takeover

The yearlong pursuit of what would have been the largest foreign takeover of a Japanese company ended in acrimony last month.
Consumer & Healthcare

Seven & i details store opening targets for standalone plan

7-Eleven convenience stores have one of Japan’s most recognisable brands and a takeover would have been the largest by a foreign entity in the country’s history.
Consumer & Healthcare

Seven & i risks becoming buyout target again if turnaround fails

Seven & i’s stock, which is up more than 25% since Couche-Tard’s interest became public 11 months ago, will probably decline due to the withdrawn proposal.
Consumer & Healthcare

Couche-Tard abandons 6.8 trillion yen bid to buy 7-Eleven owner

Seven & i is seeking to bolster its valuation through a series of strategic moves, including selling off underperforming retail assets, listing its US operations, buying back shares and appointing new leadership.
Consumer & Healthcare

Buyout on hold: Seven & i investors eye execution before backing deal or strategy

ACT and 7-Eleven operator Seven & i have signed a NDA that will give the former access to the retailer’s financial data as it seeks a US$47 billion acquisition.
Consumer & Healthcare

Canadian firm advances deal talks for Japan’s Seven & i with access to books

Seven & i is valued at roughly around 5.5 trillion yen, lower than Couche-Tard’s 7.39 trillion yen offer.
Consumer & Healthcare

Seven & i’s new CEO aims aggressive investments in US stores

The 7-Eleven operator’s profit has fallen in recent quarters as domestic convenience store operations underperformed competitors and its North American arm suffered from lower consumer spending against a backdrop of accelerating inflation.
Companies & Markets

Japan’s Seven & i seen booking 24% fall in Q4 profit, adding to takeover pressure

Seven & i has more than 13,000 locations in the US and Canada under a variety of brands, including franchises and stores operated under license.
Consumer & Healthcare

Couche-Tard sees strong interest in US stores for Seven & I deal

Seven & i has said it is engaging with Couche-Tard, but a core concern is that US competition authorities will not give the deal the green light given the overlap in the companies’ businesses.
Consumer & Healthcare

Couche-Tard met Seven & i investors to press case for takeover

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