Couche-Tard Bids for Japan’s Seven & i Holdings

Understanding the Bid: What It Means for Seven & i
Canada's Alimentation Couche-Tard has made a preliminary offer to acquire the Japanese retail giant Seven & i Holdings, known for its 7-Eleven convenience stores. This proposal has caused a significant jump in Seven & i's share value, rising 22.7% or 400 yen, which is the daily trading limit, boosting the company's market worth to approximately 5.6 trillion yen, equivalent to $38 billion. In contrast, Couche-Tard, a major player in the retail industry, is valued at about $58 billion.