Seven & i in talks with Couche-Tard over store sales for merger deal

Seven & i in talks with Couche-Tard over store sales for merger deal

FILE PHOTO: The logo of Seven & I Holdings is seen at its headquarters in Tokyo, Japan December 6, 2017. REUTERS/Toru Hanai/File Photo

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.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter