Japan 7-Eleven owner rejected takeover bid

By Agence France-Presse

Sep 07, 2024 12:06 am

TOKYO — The Japanese owner of 7-Eleven said Friday it had rejected a takeover bid from retail giant Alimentation Couche-Tard, saying the proposal 'grossly undervalues' the company.

As the world's biggest convenience store chain, 7-Eleven operates more than 85,000 outlets globally.

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