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.



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