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Couche-Tard drops $47 bil. bid to buy Seven-Eleven parent company

Photo taken on Nov. 21, 2024, shows the headquarters of Canadian retailer Alimentation Couche-Tard Inc. near Montreal. The retailer said on July 16, 2025, that it has withdrawn its $47 billion buyout proposal for Japanese rival Seven & i Holdings Co., the operator of the Seven-Eleven convenience store chain, following a year of talks.

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Couche-Tard drops $47 bil. bid to buy Seven-Eleven parent company

Photo taken on July 17, 2025, shows the headquarters of Seven & i Holdings Co., the Japanese operator of the Seven-Eleven convenience store chain. Canadian retailer Alimentation Couche-Tard Inc. said on July 16, 2025, that it has withdrawn its $47 billion buyout proposal for Seven & i, following a year of talks.

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Couche-Tard drops $47 bil. bid to buy Seven-Eleven parent company

Photo taken on July 17, 2025, shows a Seven-Eleven convenience store in Tokyo's Shinjuku Ward. Canadian retailer Alimentation Couche-Tard Inc. said on July 16 that it has withdrawn its $47 billion buyout proposal for Japanese rival Seven & i Holdings Co., the operator of the convenience store chain, following a year of talks.

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Couche-Tard drops $47 bil. bid to buy Seven-Eleven parent company

Photo taken on Nov. 21, 2024, shows a convenience store operated by Canadian retailer Alimentation Couche-Tard Inc. in Montreal. The retailer said on July 16, 2025, that it has withdrawn its $47 billion buyout proposal for Japanese rival Seven & i Holdings Co., the operator of the Seven-Eleven convenience store chain, following a year of talks.

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Couche-Tard drops bid to buy Seven-Eleven parent company

Combined file photo shows the logos of Seven & i Holdings Co. (L) and Alimentation Couche-Tard Inc. Canadian retailer Alimentation Couche-Tard withdrew its $47 billion buyout proposal for Japanese rival Seven & i Holdings, ending nearly a year of talks.

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Alimentation Couche-Tard execs in Tokyo

TOKYO, Japan, March 13 Kyodo - Alimentation Couche-Tard Inc. founder and Chairman Alain Bouchard and President and CEO Alex Miller attend a press conference in Tokyo on March 13, 2025. The executives of the Canadian company, the operator of Circle K convenience stores, are in talks with Japanese rival Seven & i Holdings Co., the operator of 7-Eleven convenience stores, over a takeover proposal. (Kyodo)

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[Breaking News]Alimentation Couche-Tard execs in Tokyo

TOKYO, Japan, March 13 Kyodo - Alimentation Couche-Tard Inc. founder and Chairman Alain Bouchard speaks at a press conference in Tokyo on March 13, 2025. Bouchard and other executives of the Canadian company, the operator of Circle K convenience stores, is in talks with its Japanese rival Seven & i Holdings Co., the operator of 7-Eleven convenience stores, over its takeover proposal. (Kyodo)

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Alimentation Couche-Tard Press Briefing

Alimentation Couche-Tard, press briefing. Photo shows Alain Bouchard, Founder and Chairman of the Board.=March 13,2025,Tokyo

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Alimentation Couche-Tard Press Briefing

Alimentation Couche-Tard, Press Briefing. Photo shows, from left, Alain Bouchard, founder and chairman of the board, and Alex Miller, president and CEO.=March 13,2025,Tokyo

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Alimentation Couche-Tard Press Briefing

Alimentation Couche-Tard, press briefing. Photo shows Alex Miller, President and CEO.=March 13,2025,Tokyo

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Alimentation Couche-Tard Press Briefing

Alimentation Couche-Tard,. Press Briefing. Photo shows, from left to right, Alain Bouchard, Founder and Chairman of the Board, Alex Miller, President and CEO, and Filipe da Silva, CFO.=March 13,2025,Tokyo

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Alimentation Couche-Tard execs in Tokyo

Alimentation Couche-Tard Inc. founder and Chairman Alain Bouchard (L) and President and CEO Alex Miller attend a press conference in Tokyo on March 13, 2025. The executives of the Canadian company, the operator of Circle K convenience stores, are in talks with Japanese rival Seven & i Holdings Co., the operator of 7-Eleven convenience stores, over a takeover proposal.

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Alimentation Couche-Tard execs in Tokyo

Alimentation Couche-Tard Inc. President and CEO Alex Miller speaks at a press conference in Tokyo on March 13, 2025. Miller and other executives of the Canadian company, the operator of Circle K convenience stores, is in talks with its Japanese rival Seven & i Holdings Co., the operator of 7-Eleven convenience stores, over its takeover proposal.

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Alimentation Couche-Tard execs in Tokyo

Alimentation Couche-Tard Inc. founder and Chairman Alain Bouchard speaks at a press conference in Tokyo on March 13, 2025. Bouchard and other executives of the Canadian company, the operator of Circle K convenience stores, is in talks with its Japanese rival Seven & i Holdings Co., the operator of 7-Eleven convenience stores, over its takeover proposal.

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Alimentation Couche-Tard execs in Tokyo

Alimentation Couche-Tard Inc. founder and Chairman Alain Bouchard speaks at a press conference in Tokyo on March 13, 2025. Bouchard and other executives of the Canadian company, the operator of Circle K convenience stores, is in talks with its Japanese rival Seven & i Holdings Co., the operator of 7-Eleven convenience stores, over its takeover proposal.

E

Alimentation Couche-Tard execs in Tokyo

Alimentation Couche-Tard Inc. founder and Chairman Alain Bouchard speaks at a press conference in Tokyo on March 13, 2025. Bouchard and other executives of the Canadian company, the operator of Circle K convenience stores, is in talks with its Japanese rival Seven & i Holdings Co., the operator of 7-Eleven convenience stores, over its takeover proposal.

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Seven-Eleven convenience store outlet

Photo taken on Nov. 26, 2024, shows a Seven-Eleven convenience store outlet in New York operated by Japan's Seven & i Holdings Co. Canada's Alimentation Couche-Tard Inc., the operator of the Circle K convenience stores, has made a takeover bid for its Japanese rival.

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Alimentation Couche-Tard outlet

Photo taken on Nov. 21, 2024, shows an outlet of Canada's Alimentation Couche-Tard Inc. in Montreal. The operator of the Circle K convenience stores has made a takeover bid for Japan's Seven & i Holdings Co., the operator of the Seven-Eleven convenience store chain.

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Alimentation Couche-Tard outlet

Photo taken on Nov. 21, 2024, shows an outlet of Canada's Alimentation Couche-Tard Inc. in Montreal. The operator of Circle K convenience stores has made a takeover bid for Japan's Seven & i Holdings Co., the operator of the Seven-Eleven convenience store chain.