Alimentation Couche-Tard Withdraws Bid for Seven & i Holdings Amidst Lack of Engagement,PR Newswire Energy


Alimentation Couche-Tard Withdraws Bid for Seven & i Holdings Amidst Lack of Engagement

Montreal, QC – July 16, 2025 – Alimentation Couche-Tard Inc. (TSX: ATD) announced today its decision to withdraw its non-binding proposal to acquire Seven & i Holdings Co., Ltd. The Quebec-based convenience store giant cited a lack of engagement from Seven & i Holdings as the primary reason for discontinuing its pursuit of the potential acquisition.

The announcement, released via PR Newswire, marks a significant development in what had been a widely anticipated potential merger in the global convenience retail sector. Couche-Tard had initially presented its proposal to the Japanese conglomerate, which operates the well-known 7-Eleven brand, with the aim of creating a formidable international presence.

In its statement, Couche-Tard expressed its belief that the proposed transaction, if completed, would have generated substantial value for both companies and their respective stakeholders. However, the company indicated that, despite its best efforts, it had not received the necessary engagement from Seven & i Holdings to facilitate further discussions or a definitive agreement.

“While we are disappointed that we could not move forward with this opportunity, we respect Seven & i Holdings’ position,” stated a spokesperson for Alimentation Couche-Tard. “Our team conducted thorough due diligence and was confident in the strategic and financial merits of a potential combination. We remain committed to our disciplined growth strategy and to identifying opportunities that align with our long-term vision.”

Couche-Tard’s approach to potential acquisitions has historically been characterized by a strategic and measured assessment of opportunities. The company’s decision to withdraw the proposal underscores its commitment to ensuring that any transaction undertaken is mutually beneficial and supported by the necessary engagement from all parties involved.

The withdrawal is not expected to significantly impact Couche-Tard’s current operations or its existing growth initiatives. The company continues to focus on its core business, including organic growth, strategic acquisitions within its existing markets, and the ongoing integration of its recent acquisitions.

Seven & i Holdings has yet to issue a formal statement regarding Couche-Tard’s withdrawal. The market will likely be observing closely for any further commentary from the Japanese retailer as it continues to navigate its own strategic path.

Alimentation Couche-Tard is a global leader in the convenience store sector, with a network of approximately 14,000 stores across North America, Europe, Asia, and other regions. The company operates under various banners, including Circle K and Couche-Tard. Seven & i Holdings is a diversified Japanese group with its flagship 7-Eleven convenience stores, as well as operations in food, beverages, and other retail segments.


ALIMENTATION COUCHE-TARD ANNOUNCES WITHDRAWAL OF PROPOSAL TO ACQUIRE SEVEN & I HOLDINGS DUE TO LACK OF ENGAGEMENT


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PR Newswire Energy published ‘ALIMENTATION COUCHE-TARD ANNOUNCES WITHDRAWAL OF PROPOSAL TO ACQUIRE SEVEN & I HOLDINGS DUE TO LACK OF ENGAGEMENT’ at 2025-07-16 22:15. Please write a detailed article about this news in a polite tone with relevant information. Please reply in English with the article only.

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