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Alimentation Couche-Tard is considering raising capital for a bid to acquire Seven & I Holdings, the parent company of 7-Eleven. Major shareholder CDPQ could participate in this capital raising effort, according to Nikkei. Some 7-Eleven owners in Japan, including former franchise owner Jun Nagao, are frustrated with the current strategy and welcome the potential foreign bid, believing it could bring necessary changes to the retail giant, reports Reuters.
As much as Jun Nagao doesn't like the idea of foreigners scooping up Japanese companies, the former 7-Eleven franchise owner thinks a takeover would bring welcome change to the retail giant where he spent decades https://t.co/Uiml8c1AI4
As much as Jun Nagao doesn't like the idea of foreigners scooping up Japanese companies, the former 7-Eleven franchise owner thinks a takeover would bring welcome change to the retail giant where he spent decades. More here: https://t.co/fRE5nC4OL4
Some 7-Eleven owners in Japan fed up with strategy, welcome foreign bid https://t.co/0K9DWPaSay