Yen surge threatens Couche-Tard’s ambitious bid for 7-Eleven operator
The appreciation of the yen has made the acquisition significantly pricier for Couche-Tard, which will have to pay more to convert its Canadian dollars into Japanese yen.
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Alimentation Couche-Tard confirms acquisition bid for Japan’s Seven & i Holdings
Seven & i Holdings has formed a special committee of outside directors to thoroughly evaluate the acquisition proposal from Alimentation Couche-Tard. The committee will compare the offer with other strategic options, emphasizing the company’s commitment to enhancing value for its stakeholders.