​Seven & i rejects Couche-Tard’s $38.5 billion takeover bid 

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A Seven & i takeover would eclipse the existing largest-ever foreign buyout in Japan.

Japanese retail giant Seven & i Holdings said on Friday it had turned down Canada’s Alimentation Couche-Tard’s $38.5 billion cash bid, rejecting an offer that would be the largest-ever foreign buyout of a Japanese company.

 A Seven & i takeover would eclipse the existing largest-ever foreign buyout in Japan.

Japanese retail giant Seven & i Holdings said on Friday it had turned down Canada’s Alimentation Couche-Tard’s $38.5 billion cash bid, rejecting an offer that would be the largest-ever foreign buyout of a Japanese company.  News 

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