HOME > BUSINESS > Article

Text Size

small

medium

large


Seven & i Claims It Is Undervalued in Couche-Tard Offer

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.

To read a full story, please click here to find out how to subscribe.

HEADLINES

POLITICS
Japan, US, S. Korea Officials Hold Telephone Talks on N. Korea Missile Threat
ECONOMY
Casio Postpones Launch of New G-Shock Wristwatches due to System Glitch
SPORTS
Baseball: 28 Members Selected for Samurai Japan for WBSC Premier 12 Tournament
OTHER
Hakamata's Acquittal Becomes Final 58 Years after Arrest over 1966 Murder Case

AFP-JIJI PRESS NEWS JOURNAL


Photos