Couche-Tard Ends Yearlong Pursuit of 7-Eleven Owner as Turnaround Pressure Builds
(Bloomberg) — Canada’s Alimentation Couche-Tard Inc. dropped its ¥6.77 trillion ($45.8 billion) proposal to buy Seven & i Holdings Co., putting pressure on the operator of 7-Eleven convenience stores to show shareholders it can stage a turnaround in an environment that’s made corporate deals more likely in Japan. Read More
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