7-Eleven Parent Company Rejects $38.5 Billion Acquisition Bid from Circle K Operator, Citing Valuation and Regulatory Concerns
Seven & I Holdings, the Tokyo-based operator of the globally recognized 7-Eleven convenience stores, has declined a $38.5 billion acquisition proposal from Alimentation Couche-Tard, the Canadian company behind Circle K. The offer, which valued Seven & I’s stock at $14.86 per share, was rejected as being too low, with the Japanese company emphasizing that the […]
