Japanese 7-Eleven owner rejects takeover offer from Canadian rival

The Japanese owner of 7-Eleven said Friday it had rejected a takeover bid from retail giant Alimentation Couche-Tard, saying the proposal “grossly undervalues” the company.As the world’s biggest convenience store chain, 7-Eleven operates more than 85,000 outlets globally. A letter from the board of Seven & i Holdings to its Canadian rival said it was
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