The proposed merger of Japanese and American industrial giants, which proponents say would benefit both countries, is ensnared by political and labor opposition.
Convenience stores are a part of the country’s culture, meaning that the foreign buyout bid for 7-Eleven, the largest chain, could be a hard sell in Japan.
Japan’s Seven & i Holdings, which operates 85,000 stores, said it had received a bid from the Canadian convenience store chain Alimentation Couche-Tard.