7-Eleven Owner Says Couche-Tard Underestimates Antitrust Hurdles to Proposed $47B Deal
Japan's Seven & i said that Alimentation Couche-Tard has underestimated antitrust hurdles facing their proposed $47 billion deal and hasn't made concessions to protect shareholders should the deal fall apart.
The operator of the 7-Eleven convenience store chain said that Canada's Couche-Tard hasn't gone far enough in addressing the regulatory risks tied to their proposed deal, particularly in the U.S. where the Federal Trade Commission has taken a harder stance on larger mergers.
"We have been insistent on ensuring a clear path...
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