Alimentation Couche-Tard, Itochu

Itochu to bow out of Seven & i buyout, Couche-Tard still interested
Japan's Itochu is withdrawing from a buyout for Seven & i Holdings proposed by the retailer's founding family, two sources with knowledge of the matter said, while Canada's Alimentation Couche-Tard reaffirmed its commitment to a takeover.
Itochu drops Seven & I buyout, putting Couche-Tard back in limelight
The news would place Alimentation Couche-Tard’s offer back in the limelight. Shares of Seven & I Holdings dropped more than 12% on Thursday, closing at ¥2,118, down 10.95% from the day before. “There is no actionable proposal from Mr. Junro Ito and Ito-Kogyo for 7&i to consider at this time,” Seven & I said in a statement.
Seven & i Buyout Collapse Opens Door for Couche-Tard Talks
Seven & i Holdings Co. shares plunged after a proposed ¥9 trillion ($60 billion) management buyout collapsed, increasing pressure on the Japanese convenience store chain to engage with a rival bid from Canada’s Alimentation Couche-Tard Inc.
Couche-Tard Still Seeking Seven & I Deal, Access to Financials
Alimentation Couche-Tard Inc. is keeping up its pursuit of Seven & i Holdings Co. but has yet to gain access to the Japanese company’s financials, months after proposing a takeover, people with knowledge of the matter said.
Itochu to bow out of Seven & i buyout, sources say
Japan's Itochu is withdrawing from a buyout for Seven & i Holdings proposed by the retailer's founding family, two sources with knowledge of the matter said. After receiving a takeover bid from Canada's Alimentation Couche-Tard last year,
Seven & i Confirms Management Buyout Group Couldn’t Secure Funds
The consortium proposing a management buyout of Seven & i Holdings Co. “has been unable to secure the financing required to ...
Nippon1d
Itochu Not to Join Seven & i Buyout by Founding Family
Tokyo, Feb. 26 (Jiji Press)--Japanese trading house Itochu Corp. plans not to take part in a bid by Seven & i Holdings Co.'s ...
Itochu will reportedly not participate in Seven & i buyout planned by retailer’s founding family
Itochu had considered investing US$6.69-billion in the deal but ultimately saw low synergies between its food and beverage business and Seven & i, the Nikkei newspaper reported ...
Seven & i Buyout Talks Stall Over Management Control
Negotiations within the consortium proposing a ¥9 trillion ($60 billion) management buyout of Seven & i Holdings Co. have ...
5 Japan stocks rally on Berkshire's blessing, despite a broader trading slump in Asia
Shares of five Japanese trading houses were on a tear after Buffett wrote in Berkshire Hathaway's annual shareholder letter ...
Nikkei Asia22h
7-Eleven owner left with few options other than Canadian buyout
TOKYO -- Seven & i Holdings is running out of alternatives to a proposed acquisition by Canada's Alimentation Couche-Tard after trading house Itochu decided not to participate in its proposed ...
Buffett says Berkshire will continue to increase investment in Japan trading houses
Berkshire Hathaway is committed to its Japanese investments for the long term and has reached an agreement with the companies ...