7-Eleven owner Seven & i makes no mention of US$47-billion buyout bid in laying out growth plan

Streetwise News

7-Eleven owner Seven & i makes no mention of US$47-billion buyout bid in laying out growth plan
SevenMentionCent
  • 📰 globebusiness
  • ⏱ Reading Time:
  • 16 sec. here
  • 13 min. at publisher
  • 📊 Quality Score:
  • News: 48%
  • Publisher: 66%

Seven & i held an ‘investor day’ to brief analysts and investors on its plan to hive off underperforming businesses and expand overseas as it battles to win over critics and remain independent

Japanese conglomerate Seven & i Holdings laid out a growth plan on Thursday that focused on its core 7-Eleven convenience stores and avoided any mention of a

“We’re now at a stage where we can expect to further increase our corporate and shareholder value by seizing growth opportunities in the global market,” Isaka said. Thursday’s three-hour briefing and materials made no mention of Couche-Tard’s offer, nor did analysts or shareholders ask about it.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

globebusiness /  🏆 31. in CA

Seven Mention Cent Plan Couche-Tard Stores Investor Offer North America Vietnam Australia

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

7-Eleven owner Seven & i aims to convince investors it can deliver on its own7-Eleven owner Seven & i aims to convince investors it can deliver on its ownSeven & i is fighting to stay independent after announcing a sweeping break-up plan designed to ward off a US$47-billion takeover offer from Canada’s Alimentation Couche-Tard
Read more »

Seven & I Investor Urges Deal Negotiation, Not RestructuringSeven & I Investor Urges Deal Negotiation, Not RestructuringSeven & i Holdings Co.’s recently announced restructuring plan is “too little, too late” and was designed to thwart Alimentation Couche-Tard Inc.’s takeover proposal, a shareholder in the Japanese retailer said.
Read more »

Couche-Tard plans to fund most of US$47-billion offer for 7-Eleven owner with debt, keep equity ‘minimal’Couche-Tard plans to fund most of US$47-billion offer for 7-Eleven owner with debt, keep equity ‘minimal’In an interview Thursday night, Couche-Tard chief financial officer Filipe Da Silva said new equity component of any transaction would be minimal
Read more »

7-Eleven’s turnaround plan requires heavy lifting to stop Couche-Tard’s US$47-billion takeover7-Eleven’s turnaround plan requires heavy lifting to stop Couche-Tard’s US$47-billion takeoverMuch depends on the retailer’s ability to roll out a new store format in Japan, and improve profit margins overseas, analysts and industry insiders say
Read more »

Alimentation Couche-Tard makes revised offer for 7-Eleven ownerAlimentation Couche-Tard makes revised offer for 7-Eleven ownerThe convenience store giant behind Circle K is not giving up its hope of taking over the Japanese owner of its international rival, 7-Eleven.
Read more »

Couche-Tard’s revised bid for 7-Eleven owner sweetens offer by a fifth, sources sayCouche-Tard’s revised bid for 7-Eleven owner sweetens offer by a fifth, sources sayThe bid for Japan’s Seven & i Holdings reportedly was raised to about US$47-billion from US$38.5-billion
Read more »



Render Time: 2025-02-15 06:12:27