Couche-Trad signs a lack of disclosure with a 7-Eleven player amid seizure talks

food Tardid It says inc. It signed an unveiling agreement with Seven & I Holdings Co. Ltd. Amid its pursuit of the Japanese parent company from 7-Eleven.

The company, which is based in Quebec, which runs the Circle K stores, says that the non -disclosure agreement aims to “discuss progress transactions, facilitate due care, and cooperate in plans to communicate with the organizers.”

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He warns that he cannot guarantee discussions between the two companies to treatment.

Last fall, I decreased seven and said that she had received an unrelated unrelated proposal from Couche-Tard, whose media reports proposed worth $ 47 billion, or about 22 percent of the offer she made in August.

But Seven & I said in March that Couche-Tard was reducing the risk of anti-monopoly related to the acquisition and that he would not enter into treatment without a clear way to close, although Couche-Tard insists that it has a successful record of work with us and other organizers to secure transactions approvals.

Alex Miller, President and CEO of Couche-Tard, says in a statement that he estimates seven & I “to engage in fundamental discussions on our proposal and provide access to care,” adding that he is looking to work cooperatively “in the interest of all stakeholders.”