Alimentation Couche-Tard, a Canadian convenience store operator, and Japan's Seven & i Holdings have signed a non-disclosure agreement (NDA) as part of ongoing takeover discussions. The NDA grants Couche-Tard access to Seven & i's financial information, facilitating the Canadian company's pursuit of a potential $47 billion acquisition of the Japanese retailer. This development indicates that talks between the two companies are progressing toward a possible deal.
Japan's Seven & I and Canada's Couche-Tard said they have signed a nondisclosure agreement, a move that might signal discussion on the latter's takeover proposal is moving forward. https://t.co/urlNAzUu01
Seven & i, Couche-Tard ink non-disclosure pact over takeover talks https://t.co/JbZvS7S5Dp
Alimentation Couche-Tard (ACT) and Japan's Seven & i said they have signed a non-disclosure agreement (NDA) that will give the Canadian company access to the Japanese retailer's financial data as it seeks a $47 billion acquisition. https://t.co/wXgeCcwGqg