Reuters (September 23)
“Rebuffing a low-ball, unsolicited, $39 billion takeover proposal from Alimentation Couche-Tard was a straightforward task for Seven & i. But the resulting 20% surge in the Japanese target’s stock price puts it under pressure to lay out a compelling plan to improve its returns. That will be critical to shoring up its defence if its suitor tries to take an offer directly to shareholders.”
Tags: $39 billion, Compelling plan, Couche-Tard, Japan, Low-ball, Rebuffing, Returns, Seven & i, Shareholders, Stock price, Straightforward, Surge, Takeover, Target, Unsolicited
Bloomberg (July 25)
“With a young population, an expanding middle class and one of Southeast Asia’s fastest-growing economies, Vietnam is an alluring market for Aeon, Takashimaya Co. and Seven & i Holdings Co. The reason: China is slowing and growth is flat-lining at home.”
Tags: Aeon, China, Economies, Fastest-growing, Growth, Japan, Market, Middle class, Population, Seven & i, Southeast Asia, Takashimaya, Vietnam, Young
