Ikhtisar:Shares in Seven & i jumped by more than 20% following reports of the approach.
Shares in Seven & i jumped more than 20% following reports of the buyout bid
The owner of convenience store giant 7-Eleven has received a buyout offer from Canadian rival Alimentation Couche-Tard (ACT), which runs the Circle K chain.
Tokyo-based Seven & i Holdings says it has formed a special committee to decide whether or not to accept the offer.
Shares in Seven & i jumped by more than 20% on the news.
That gave the Japanese firm a stock market valuation of around 5.6tn yen ($38.5bn; £29.7bn).
In a statement, Seven & i said it had received a confidential, non-binding and preliminary proposal by ACT to acquire all [of its] outstanding shares.
[The] Special Committee intends to conduct a prompt, careful and comprehensive review of the proposal, it added.
Seven & i has 85,000 outlets worldwide in 20 countries and territories and has a large footprint in Asia.
Quebec-based ACT is listed on the Toronto Stock Exchange and runs around 17,000 shops more than 30 countries across North America Europe and Asia under the brands Circle K and Couche-Tard.
Disclaimer:
Pandangan dalam artikel ini hanya mewakili pandangan pribadi penulis dan bukan merupakan saran investasi untuk platform ini. Platform ini tidak menjamin keakuratan, kelengkapan dan ketepatan waktu informasi artikel, juga tidak bertanggung jawab atas kerugian yang disebabkan oleh penggunaan atau kepercayaan informasi artikel.
IQ Option
IC Markets Global
GO MARKETS
OANDA
FxPro
FOREX.com
IQ Option
IC Markets Global
GO MARKETS
OANDA
FxPro
FOREX.com
IQ Option
IC Markets Global
GO MARKETS
OANDA
FxPro
FOREX.com
IQ Option
IC Markets Global
GO MARKETS
OANDA
FxPro
FOREX.com