Canada's Couche-Tard raises offer for Seven & i to $47 billion - report
Alimentation Couche-Tard (OTCPK:ANCTF) raised its acquisition offer for Seven & i (OTCPK:SVNDY), the parent company of 7-Eleven, to over $47 billion, according to a Nikkei report that cites people with knowledge of the deal.
Seven & i's revised bid from Couche-Tard sweetens offer by a fifth, sources say
Japan's Seven & i Holdings said on Wednesday it had received a revised takeover bid from Canada's Alimentation Couche-Tard (ACT) , which was raised to around $47 billion from $38.5 billion, according to two people familiar with the matter.
Couche-Tard Suggested Higher Price of $47 Billion for Seven & I
Alimentation Couche-Tard Inc. sent Seven & i Holdings Co. a new potential acquisition price of $18.19 per share last month that values the Japanese retailer at ¥7 trillion ($47.2 billion), a premium of around 20% from the prior offer and the company’s current stock price,
7-Eleven owner confirms new takeover offer from Couche-Tard
The Japanese owner of 7-Eleven said on Wednesday it had received a "revised" takeover offer from Canadian rival Alimentation Couche-Tard after rejecting an initial bid worth around $40 billion.
Seven & i has a revised bid from Couche-Tard; offer reportedly sweetened by a fifth
Japan's Seven & i Holdings said on Wednesday it had received a revised takeover bid from Canada's Alimentation Couche-Tard, with a report saying the offer had been sweetened by a fifth to value the 7-Eleven owner at $47 billion.
Alimentation Couche-Tard makes revised offer for Seven & i Holdings
The Japanese company turned down an earlier offer by Couche-Tard valued at the time at about US$38.6 billion. Seven & i had said the earlier proposal undervalued the potential of
Tuko59m
Canada: Woman Eats Late Hubby's Ashes After Discovering He Cheated on Her
A widow, Jessica Waite, detailed discovering her late husband's infidelity and consuming his ashes in her memoir, "A Widow's ...
Canada 'seriously' considering high-speed rail link between Toronto and Quebec City: minister
The federal government is "seriously" considering building the country's first high-speed rail link between Quebec City and ...
Canada could help balance the scales with China as tensions rise in South China Sea, experts say
Prime Minister Justin Trudeau has an opening during this week's summit with regional leaders in Laos to step up Canada's ...
Canada posts sixth straight monthly trade deficit in August
Canada recorded a bigger than expected trade deficit of C$1.1 billion ($806 million) in August, its sixth consecutive monthly ...
onmanorama2h
Canada tightens post-graduation work permit norms, Indian students face new hurdles
Stricter language requirements and sector-specific permits introduced..Canada post-graduation work permit changes. Canada ...
Traveling to Canada for Thanksgiving? Here’s what you need to know
The Canada Border Services Agency (CBSA) reminds travelers that it can be extra busy at the border over the Thanksgiving long ...
National Parks Traveler3h
Meeting The Signal Hill Dog On Canada’s Best Urban Hike
The unofficial ambassador of Signal Hill National Historic Site is basking in the late summer sun and being fawned over by ...
As hurricane season ramps back up, Atlantic Canada 'somewhat protected'
Unexpected weather conditions slowed the formation of Atlantic hurricanes in September, but those patterns have shifted and ...
Canada's Jihadi Crisis Should Worry America | Opinion
People often think of Canadians as overly polite, and as a people with a predilection for saying "sorry" too much. But what ...
Canada Basketball and women's coach Lapena mutually part ways
Canada Basketball and women's national team head coach Victor Lapena have mutually agreed to part ways, the national ...
McDonald's New McFlurry Flavor in Canada Sparks Fan Outcry: 'USA Needs This Now'
A second limited-edition fall McFlurry has some suggesting they may plan a trip over the border 'just for this' release.
Canada stresses 'political' nature of commitment to providing First Nations clean water
Canada is stressing the "unwavering" but "political" nature of the government's commitment to providing First Nations with ...