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7-Eleven Founding Family’s Bid to Block Foreign Takeover Collapses

The proposal worth over $50 billion by Junro Ito, the son of the founder of Seven & i Holdings, was aimed at fending off a takeover bid from Canada’s Alimentation Couche-Tard.
The New York Times - 4d
7-Eleven owner set to replace its leader with first foreign chief

Japan’s Seven & i expected to act after options narrow to takeover by Canada’s Couche-Tard or forging new path
Financial Times - 1d

7-Eleven Founding Family’s Bid to Block Foreign Takeover Collapses