The Japanese owner of the chain also announced a plan to list its U.S. convenience store business as it tries to fend off a Canadian retailer’s $47 billion takeover bid.
Category: Ito, Junro
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7-Eleven Founding Family’s Bid to Block Foreign Takeover Collapses
The proposal worth over $50 billion by Junro Ito, the son of the founder of Seven & i Holdings, was aimed at fending off a takeover bid from Canada’s Alimentation Couche-Tard.