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7-Eleven owner shares surge after reports on takeover tussle

By Inquirer - 4 hours ago
TOKYO, Japan — Shares in the Japanese owner of 7-Eleven jumped Monday after media reports said it was seeking to strengthen its hand in a takeover battle, including selling a stake in its banking unit. Seven & i – Japan’s biggest retailer – last month rejected an initial buyout offer from Canada’s Alimentation Couche-Tard (ACT),

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