Canada’s Alimentation Couche-Tard has reportedly approached Japan’s Seven & i Holdings, the owner of 7-Eleven, about a potential takeover valued at around $38 billion. 7-Eleven is the world’s largest convenience store chain, with more than 13,000 locations in North America and over 83,000 worldwide. If successful, the acquisition would be the largest-ever foreign buyout of a Japanese company.
7-Eleven, ranked #25 in the 2024 Franchise 500, has been owned by Japan’s Seven & I Holdings since 2005. Couche-Tard, which operates Circle K convenience stores, confirmed that it had submitted a
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