Seven & i to reject Couche-Tard takeover bid, Yomiuri says
ReutersMar 4, 2025 12:03 AM
TOKYO, March 4 (Reuters) - Seven & i 3382.T plans to reject a takeover bid from Canada's Alimentation Couche-Tard ATD.TO as the retailer seeks to enhance its corporate value on its own, the Yomiuri newspaper reported.
The retailing giant is finalising a plan for CEO Ryuichi Isaka to step down with his replacement almost certain to be director Stephen Dacus, Reuters has reported.
Dacus heads a special committee to evaluate the takeover bid from Couche-Tard and a take-private deal from Seven & i's founding family that recently collapsed.
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