Japanese 7-Eleven owner soars on takeover offer

Tokyo, Japan — Shares in the Japanese operator of 7-Eleven soared on Monday after the firm confirmed it had received a takeover bid from Canadian retail giant Alimentation Couche-Tard. The offer for Seven&i Holdings would create an international convenience store behemoth combining 7-Eleven, Couche Tard, Circle K and other brands across Asia, North America and
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