ADDARD TOWER removes its offer to buy Seven & I

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Addard tower removes its offer:

After months of talks. Nevertheless, Food Layer-Tard announced on Wednesday that it had withdrawn its offer to purchase the Japanese giant Seven & iowner of the 7-Eleven chain of convenience stores.

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The Quebec company made this decision “due to a lack of constructive commitment” from the Japanese company.

Despite everything. Couche-Tard always claims to believe that a grouping with Seven & i Holdings “Would create a world leader for accommodation having the capacity to serve better [leurs] stakeholders, to grow the mache 7-Eleven and generate value for [leurs] respective shareholders ”.

At the beginning of 2025, addard tower removes its offer Food Couche-Tard filed a buyout totaling $ 64 million Canadian dollars.

The Quebec company claims to have tried to initiate a dialogue with Seven & i On this proposal. but argues that the Japanese company has shown little openness to the discussion.

“We have been very patient and respectful throughout this process,” says Pout-Tard diet.

The two parties concluded a privacy agreement last April in order to come to an agreement. but nothing seems to have moved since.

“Since the conclusion of the Privacy Convention. there has been no sincere or constructive commitment from 7 & I in order to facilitate the progress of a proposal,” deplores the Quebec company.

addard tower removes its offer — Addard tower removes its offer: After months of talks. Food Layer-Tard announced on Wednesday that it had withdrawn its offer to purchase the Japanese giant Seven & iowner of the 7-Eleven chain of addard tower removes its offer convenience stores. • Read also: Donald Trump in the tastard layer’s legs. • Re.

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