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Japanese 7-Eleven owner considers $58B buyout to block Canadian rival's $45B takeover bid.
Seven & i Holdings, the Japanese owner of 7-Eleven, is considering a management buyout proposal from Junro Ito, a family member, to counter a $45 billion takeover bid from Canadian rival Couche-Tard.
If successful, the buyout, potentially worth $58 billion, would be the largest in history, keeping control within the founding family.
Seven & i's special committee is reviewing the non-binding offer, which aims to prevent foreign ownership of the company.
6 months ago
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