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Japan's Seven & I Seeks Government Protection After $38 Billion Approach
Posted
August 28, 2024
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4:35Now PlayingBloomberg has learned that Seven & i Holdings Co., the Japanese operator of 7-Eleven stores, wants the government to require prior notification of any purchase of its shares above 10%. This would raise a potential hurdle for Laval, Quebec-based operator of the Circle K and Couche-Tard chains Alimentation Couche-Tard Inc.’s buyout proposal to proceed. Stephen Engle reports on Bloomberg Television.
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