Japan’s 7-Eleven Might Go Personal To Keep away from $45 Billion Overseas Buyout

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Japan’s 7-Eleven Might Go Personal To Keep away from  Billion Overseas Buyout

Seven & i Holdings is eyeing to go personal.


Tokyo:

The Japanese proprietor of 7-Eleven is contemplating going personal by shopping for again its personal shares in a bid to keep away from a takeover try by Canadian rival Alimentation Couche-Tard, in line with a report Wednesday.

Seven & i Holdings is eyeing the transfer as a countermeasure to Couche-Tard’s seven trillion yen ($45 billion) takeover proposal, the Nikkei enterprise every day stated, citing sources near the corporate.

(Apart from the headline, this story has not been edited by EDNBOX workers and is printed from a syndicated feed.)


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