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Japanese government classifies Seven & i Holdings as a "core" industry, complicating Couche-Tard's takeover attempt.
The Japanese government has classified Seven & i Holdings, the parent company of 7-Eleven, as a "core" industry, complicating Canadian firm Alimentation Couche-Tard's proposed takeover.
This designation imposes regulatory hurdles, requiring foreign entities to notify authorities before acquiring over 10% of shares.
Seven & i, which operates 85,000 outlets globally, previously rejected Couche-Tard's buyout offer, citing undervaluation of its business.
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El gobierno japonés clasifica a Seven & i Holdings como una industria "núcleo", complicando el intento de adquisición de Couche-Tard.