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The Latest Breaking News from 7Eleven

7-Eleven Owner Announces Counter-bid To Foreign Buyout

The Japanese owner of 7-Eleven said Wednesday its founding family had offered a counter-bid to a takeover attempt by Canadian convenience store rival Alimentation Couche-Tard (ACT).

International Business Times

Coffee, sandwiches, underwear, beer: a day in the life of Japan’s beloved konbini stores

Convenience stores are a neat and functional retail institution in Japan, where customers can access the daily essentials

The Guardian - UK

Anguish over paramedic killer's 'tragic' case verdict

The man who brutally stabbed paramedic Steven Tougher to death has been cleared of his murder on mental health grounds, leaving a family searching for answers.

AAP

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Will US convenience stores find the secret to selling better food?

Americans who think of petrified hot dogs, frozen burritos and salty snacks when they imagine getting food at a gas station or truck stop may be pleasantly surprised during their next road trip: U.S. convenience stores are offering them more and better — though not necessarily healthier — choices

The Independent UK

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

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.

International Business Times

More than 400 7-Elevens will close before the end of the year

The company said it’s experiencing declining sales and customer traffic

The Independent UK

Your local 7-Eleven might be gone by the end of the year

7-Eleven announced it will be close more than 400 stores in the fourth quarter of this year.

The Street

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7-Eleven Owner Restructures To Fight Takeover

The owner of 7-Eleven announced a major restructuring on Thursday as it seeks to boost its share price and fend off what would be the biggest foreign takeover of a Japanese firm.

International Business Times

Hurricane Milton Spawns Tornadoes In Florida, Causing Widespread Damage

Hurricane Milton spawns tornadoes in Florida, causing significant damage in Fort Myers. Stay informed on the storm's impact.

Top News

7-Eleven Owner Confirms New Takeover Offer From Couche-Tard

The Japanese owner of 7-Eleven said on Wednesday it had received a "revised" takeover offer from Canadian rival Alimentation Couche-Tard after rejecting an initial bid worth around $40 billion.

International Business Times

7-Eleven Owner's Shares Spike On Report Of New Buyout Offer

Shares in the Japanese owner of 7-Eleven surged Wednesday following reports that Canada's Alimentation Couche-Tard (ACT) had hiked its takeover offer by almost 20 percent.

International Business Times

Your 'Local Everything': What 7-Eleven Buyout Battle Means For Japan

In Japan more is at stake than money in the mammoth takeover battle for 7-Eleven, the world's biggest convenience chain, by Canadian retail giant Alimentation Couche-Tard.

International Business Times

Teenagers turned in by parents after string of flash mob robberies at 7-Eleven stores in LA

The suspects were spotted by family membes in surveillance video released by LAPD after not attempting to hide faces during robberies

The Independent UK

LAPD Pleads for Help to Stop Organized Mob of Teens Terrorizing Local 7-Elevens

After struggling to identify and apprehend the teenage perpetrators of a string of 14 individual 7-Eleven robberies, the Los Angeles Police Department (LAPD) has turned to the public for help.

Latin Times

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International Business Times

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

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.

The Independent UK

Japanese 7-Eleven convenience store chain operator turns down Couche-Tard takeover offer

The parent company of the Japanese 7-Eleven convenience store chain is turning down a takeover offer from Alimentation Couche-Tard of Canada

The Guardian - UK

Owner of 7-Eleven rejects $39bn takeover offer from Canadian rival

Japanese group says Couche-Tard plan undervalues firm, but leaves door open to higher offer

International Business Times

7-Eleven Owner Rejects Initial Takeover Bid From Canadian Rival

The Japanese owner of 7-Eleven said Friday it had rejected a takeover bid from Canadian retail giant Alimentation Couche-Tard, saying the proposal "grossly undervalues" the company.

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Fortune

Washington attacks on Nippon’s bid for U.S. Steel puts ally Japan’s spot in ‘friends and family list’ into doubt

“If the U.S. draws up a friends and family list and Japan is not on that list, then I’d question [what country] would make that list.”

International Business Times

Investment Firm Pressures 7-Eleven Owner To Negotiate Potential Takeover

Artisan Partners Asset Management told Japan's Seven & i Holdings that a negotiated buyout deal was the 'best tactic to preserve positive stakeholder outcomes'

Fortune

7-Eleven’s Japanese owner wants to be considered as important as chipmakers as Circle K’s operator mounts a takeover bid

The convenience store operator is reportedly asking Tokyo for a “core” rating, which protects against foreign takeovers.

The Street

7-Eleven parent company on verge of mega merger

Seven & I, parent of 7-Eleven, is in talks with Canada’s Alimentation Couche-Tard.

The Guardian - UK

Owner of 7-Eleven stores receives buyout offer from Canadian rival

Proposal to Tokyo-based Seven & i by ACT could become biggest foreign takeover of a Japanese firm

Fortune

7-Eleven adds pumpkin spice Slurpees to a handful of stores

Well, at least they're cold...

Pedestrian.tv

7-Eleven Australia Now Stocks Onigiri If You’re Still Trying To Claw Onto Your Trip To Japan

This is not a drill!!!

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