Negosyante News

March 14, 2025 9:42 pm

Couche-Tard Pushes for ‘Friendly’ $47B Buyout of 7-Eleven

Alimentation Couche-Tard (ACT), the Canadian convenience store giant, is making another attempt to acquire 7-Eleven, despite resistance from its Japanese parent company, Seven & i.

ACT executives, led by Chairman Alain Bouchard, reaffirmed in Tokyo on Thursday that they are seeking a mutually agreed deal, but expressed frustration over the lack of progress.

What’s at Stake?

🔹 Seven & i previously rejected ACT’s $40 billion offer in 2024.
🔹 ACT has now reportedly raised its bid to $47 billion.
🔹 A merger would create a global convenience store giant, combining 7-Eleven, Circle K, and other franchises.
🔹 This would be the largest-ever foreign takeover of a Japanese firm.

Regulatory and Business Hurdles

🔹 Seven & i argues that ACT undervalued its business and warned of potential US regulatory challenges.
🔹 Both companies have discussed selling some US stores to address antitrust concerns, but ACT says broader deal discussions haven’t progressed.
🔹 ACT CEO Alex Miller insists there is a clear path to regulatory approval, claiming 7-Eleven and ACT networks in the US are “highly complementary.”

ACT’s Commitment to Japan

🔹 Seven & i operates 85,000 stores worldwide, with a strong presence in Japan, where 7-Eleven stores serve as essential hubs during disasters.
🔹 Addressing concerns over store closures and layoffs, Miller assured, “We are going to invest in Japan. We have no interest and no plans to close stores or fire employees.”

No comment yet, add your voice below!


Add a Comment

Your email address will not be published. Required fields are marked *

Subscribe to Our Newsletter and get a free pdf:

Sign Up for negosyante news

and receive a copy of The Crypto Cheat Sheet (PDF)
and NFT Cheat Sheet for free!

* indicates required