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EXPLAINED: 3 | Vintage Vibes

7-Eleven, Couche-Tard Explore Sell-offs Ahead Of Potential Merger

The Japanese owner of 7-Eleven said Monday it had agreed to jointly explore store sell-offs with a Canadian rival to address antitrust concerns ahead of a potential merger.

International Business Times

Japan's Seven & i sells retail business to Bain Capital for $5.4 billion, plans IPO

Japan's Seven & I, the parent company of the Japanese 7-Eleven convenience store chain, says it is selling its supermarket store assets to Bain Capital for about $5.4 billion

The Independent UK

7-Eleven Owner Seeks To Fend Off Takeover With Buyback, US IPO

The Japanese owner of 7-Eleven announced on Thursday a raft of new measures to fend off a takeover by a Canadian rival, including a huge share buyback and an IPO of its US unit.

International Business Times

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Media, supermarkets and banks: what is the average salary at the big companies and how big is the gender pay gap?

Radio 2GB Sydney has industry’s worst gap at 51.1%, while the size of supermarkets helps to narrow their differential

The Guardian - AU

Police defend taser, baton use in servo arson arrest

Police say a woman accused of starting a fire at a service station was a safety risk, and a video circulating online of her arrest doesn't show the whole event.

AAP

Thai princess adopts dog that went viral for mourning dead owner

Dog rescued from streets by princess after its former owner passed away outside a 7-Eleven convenience store in Thailand

The Independent UK

7-Eleven Promotes Holiday Clothing Line Featuring Pajamas, Ugly Sweaters

7-Eleven is celebrating the holiday season with festive fashions including ugly sweaters and pajamas sets to the delight of slurpee enthusiasts.

International Business Times

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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

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

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

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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.

International Business Times

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.

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The Independent UK

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

Latin Times

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.

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.

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.”

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