Recent articles about Japan 日本関連英文記事 Vol.117

Seven & i to Open 500 New U.S., Canada Stores (12/18/2024) | @CStoreDecisions
Another development in the Seven & i saga was the recent acquisition bid of $58 billion from a member of the company’s founding family in an effort to take the company private. The offer is from Ito-Kogyo, a company with links to Vice President Junro Ito and a top shareholder for 7-Eleven. The bid marks a significant jump from Alimentation Couche-Tard’s initial $47 billion bid.
The offer is non-binding and under review by the same special committee that reviewed the Couche-Tard bid.
“The special committee, which is comprised solely of the company’s independent, outside directors, has been reviewing the proposal carefully and thoroughly with its financial and legal advisors,” 7&i noted in a statement. “Mr. Ito has been excluded from all discussions within the company, including board discussions, relating to any proposal from Mr. Ito and Ito-Kogyo, Alimentation Couche-Tard or any other competing proposals.”
Reuters also reported that talks between Couche-Tard and 7&i have progressed, which is notable since the Japanese company was originally hesitant to enter an open discussion. Additionally, the Couche-Tard bid has allegedly been increased from $47 billion to $48 billion.
“We are committed to an objective review of all alternatives before us as we consider proposals from Mr. Ito and Ito-Kogyo, from (Couche-Tard), as well as the company’s stand-alone opportunities to unlock shareholder value,” said Stephen Hayes Dacus, chair of the special committee and board of directors for the company. “The special committee and the company board will continue to engage with all parties in a manner designed to maximize value and will continue to act in the best interests of the company’s shareholders and other stakeholders.”


投稿者: ワールド ソルーションズ

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