
CNA Correspondent - A tale of two rice-growing countries: The quest for grain stability in Japan and South Korea

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Canadian retailer Alimentation Couche-Tard said on Wednesday it was withdrawing its $47 billion takeover bid for Japan's Seven & i Holdings, citing a lack of "constructive" engagement. The move comes nearly a year after Couche-Tard, which owns Circle K convenience stores, first offered to purchase the 7-Eleven operator. The Canadian company had also agreed to a store sale plan, in a bid to ease some regulatory hurdles as a takeover would have created a global convenience store giant with about 20,000 locations.


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Couche-Tard pulls $47 billion takeover bid for Seven & i
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