The Japanese owner of 7-Eleven said Monday it had agreed to jointly explore store sell-offs with a Canadian rival to address antitrust concerns ahead of a potential merger.
It comes just days after Seven & i -- which for two decades has wholly owned 7-Eleven, the world's biggest convenience store brand -- announced measures including a huge share buyback to fend off a takeover from Canada's Alimentation Couche-Tard (ACT).
