Seven & i Claims It Is Undervalued in Couche-Tard Offer
Tokyo, Sept. 6 (Jiji Press)--Seven & i Holdings Co. said Friday that it has told Canada's Alimentation Couche-Tard Inc., which has offered to acquire the Japanese retailer, that the proposal significantly undervalues its corporate value.
The proposal to buy all outstanding Seven & i shares for 14.86 dollars apiece "grossly undervalues" its intrinsic value and opportunities to unlock that value, the company said.
(2024/09/06-11:48)
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