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International Business Times
International Business Times
Business
AFP News

Japan Ranks 7-Eleven Owner 'Core' Industry, Complicating Takeover

As the world's biggest convenience store chain, 7-Eleven operates more than 85,000 outlets globally (Credit: AFP)

The Japanese finance ministry on Friday designated the parent company of 7-Eleven a "core" industry, a move that could make a takeover by Canadian rival Couche-Tard more difficult.

Other entities rated the same in Japan include manufacturers in the nuclear, rare earths, and chip industries, as well as cybersecurity and infrastructure operators.

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