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International Business Times
International Business Times
Business
AFP News

Couche-Tard Executives In Japan To Push 7-Eleven Deal

7-Eleven 'konbini' are a one-stop shop in Japan for everything from rice balls to concert tickets to photocopies (Credit: AFP)

Executives from Canada's Alimentation Couche-Tard are in Japan in a bid to overcome resistance to their $47-billion takeover of 7-Eleven's parent but are being given the cold shoulder, according to interviews published Thursday.

Seven & i Holdings last month rejected a US$40-billion takeover bid -- representing the biggest foreign takeover of a Japanese firm -- but the Canadian side has since sweetened the offer by around 20 percent.

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