Japan's Seven & i Holdings said on Monday that talks have begun with Canada's Alimentation Couche-Tard (ACT) over a store sale plan that would set the stage for ACT's $47 billion takeover bid. Last week,

Seven & i Holdings Co. said Monday it has called on Canada's Alimentation Couche-Tard Inc. to sell all of its stores in the United St

Circle K owner says there is a clear path to obtaining regulatory approvals for transaction with 7-Eleven parent

Japan's Seven & i Holdings said on Monday that financial advisors for it and Canada's Alimentation Couche-Tard were in talks about store sales to consider a combination of the companies.

Seven i Holdings (TYO:3382) revealed on Monday that Canadian retailer Alimentation Couche-Tard (TSE:ATD) is evaluating a proposal to sell a group of stores to address antitrust concerns over their potential $47

In a letter to shareholders, Seven & i said it proposed that the two companies could map out the viability of a divestiture process and identify potential buyers

Shares of Japan's Seven & i tumbled as much as 12% on Tuesday,following a report the 7-Eleven owner plans to reject a $47 billion takeover offer from Canada's Alimentation Couche-Tard , a move that would keep the iconic retailer in Japanese hands.

Canada’s convenience store and gas station operator Alimentation Couche-Tard Inc. says it has held “exploratory discussions” with buyers for any US stores that would need to be divested to secure regulatory approval for a potential takeover of Japanese rival Seven & i Holdings Co.

Alimentation Couche-Tard says it has put together a portfolio of U.S. stores it would consider selling to advance its hopes of acquiring 7-Eleven's parent company.

Canada's Alimentation Couche-Tard said it is having exploratory talks with third parties about a potential sale of U.S. stores, which would help it gain regulatory approval should it reach a deal to take over Japan's Seven & i Holdings.

Canadas Alimentation Couche-Tard (ACT) is exploring a potential sale of its U.S. stores to ease regulatory concerns as it pursues a $47 billion acquisition of Japans Seven i Holdings, the parent company of 7-Eleven.