7-Eleven’s parent company rejects takeover proposal, says offer ‘grossly undervalues’ company

7-Eleven’s parent company rejects takeover proposal, says offer ‘grossly undervalues’ company


Key Points
  • The company said the proposal was “opportunistically timed and grossly undervalues our standalone path and the additional actionable avenues we see to realize and unlock shareholder value in the near- to medium-term.”
  • Even if Couche-Tard increases its offer “very significantly,” Seven & i said the proposal does not consider the “multiple and significant challenges” the takeover would have from U.S. anticompetition agencie.



Source

Why aren’t Chinese consumers spending enough
Finance

Why aren’t Chinese consumers spending enough

Key Points China’s consumer spending shows little sign of picking up soon. Analysts point to one main factor: stagnant income. Chinese consumers are also turning to lower-priced products, or moving away from big cities to places where the cost of living is lower. Source

Read More
New ETF gives investors opportunity to act like private equity giant as shift away from public stocks picks up
Finance

New ETF gives investors opportunity to act like private equity giant as shift away from public stocks picks up

ETF Edge New ETF gives investors opportunity to act like private equity giant as shift away from public stocks picks up Published Sun, Jun 15 202510:14 AM EDTUpdated 13 Min Ago Jason Gewirtz@jasongewirtz WATCH LIVE Source

Read More
China’s personal delivery market is on the rise. Only some are already making money
Finance

China’s personal delivery market is on the rise. Only some are already making money

Source

Read More
Powered by WordPress | WP Magazine by WP Mag Plus