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(Update 2) Couche-Tard Withdraws Bid for Seven & i

(Update 2) Couche-Tard Withdraws Bid for Seven & i

The logo of Seven & i Holdings  in Tokyo
The logo of Seven & i Holdings in Tokyo

   Tokyo, July 17 (Jiji Press)--Alimentation Couche-Tard Inc. said Wednesday that the Canadian convenience store operator has withdrawn its proposal to acquire Japanese retailer Seven & i Holdings Co.
   Couche-Tard cited "a lack of constructive engagement by Seven & i," as the reason for the withdrawal of its 47-billion-dollar bid.

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AFP-JIJI PRESS NEWS JOURNAL


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