7-Eleven

The Japanese owner of 7-Eleven said Friday it had rejected a takeover bid from Canadian retail giant Alimentation Couche-Tard, saying the proposal “grossly undervalues” the company. The proposed purchase of Seven & i Holdings would be...

The Canadian retail behemoth Alimentation Couche-Tard made a buyout offer for 7-Eleven, which the Japanese company announced on Friday it had turned down, claiming the offer “grossly undervalues” the business. The acquisition of Seven & i...