7-Eleven's Parent Company Considers Massive Buyout Amid Takeover Talks

Seven & i Holdings, the owner of 7-Eleven, has entered negotiations with Canada's Alimentation Couche-Tard over a $47 billion takeover bid, while also receiving a rival offer from the founding Ito family. The Ito family's proposal, which involves significant borrowing and potential involvement from Itochu, a major Japanese trading house, aims to keep the company under Japanese control. This development marks a significant moment in Japan's corporate M&A landscape, with the special committee of Seven & i considering all options to maximize shareholder value.