Largest Ever Japanese Firm Buyout: Couche-Tard's Bold Move on Seven & i Holdings
Alimentation Couche-Tard has made a revised offer to acquire Seven & i Holdings, increasing the bid by 22% to $47 billion. This would be the largest overseas buyout of a Japanese firm. Despite the rise in Seven & i's stock price, doubts remain about the deal's success.
Canada's Alimentation Couche-Tard has proposed a revised bid for Seven & i Holdings, a move that could become the largest overseas buyout of a Japanese company.
Sources indicated a 22% increase in the offer to approximately $47 billion, surpassing its previous $38.5 billion bid rejected by Seven & i.
While shares rose following the news, uncertainties linger among investors regarding the completion of the deal, even as Seven & i focuses on enhancing corporate value independently.
(With inputs from agencies.)
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