But if Alimentation Couche-Tard (ACT), a Canadian retailer that operates the Circle K chain of shops, has its way, 7-Eleven will no longer be Japanese. On August 19th Seven & i, 7-Eleven’s parent ... ( read original story ...)
Japan’s Business Activity Growth Hits 15-Month High But Future Confidence Slips Lower
Japan's private sector expansion accelerated in August to the fastest since May 2023, driven by improvements in the service sector alongside renewed modest growth of manufacturing output. ( read original story ...)
Japan opens for (foreign) business
PwC faces a six-month business ban in China, and Mexico’s Supreme Court judges go on strike. Plus, a potential takeover of 7-Eleven may set the tone for a new era of Japanese acquisitions. ( read original story ...)
KKR, Hulic Bid $2 Billion for GIC’s Central Tokyo Skyscraper
A group led by KKR & Co. and one of Japan’s largest real estate companies made a bid to acquire a Tokyo skyscraper owned by Singapore sovereign wealth fund GIC Pte, according to people familiar with ... ( read original story ...)
Japan’s Astellas says employee indicted by China’s prosecutors
The Japanese Foreign Ministry said a Japanese man in his 50s ... reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals ... ( read original story ...)
Japan sees record visitors for second straight month on weak yen
Japan set a second-straight monthly record for visitors in July, official data showed on Friday, as the weak yen and summer holidays propelled a tourism boom.The number of foreign visitors for ... ( read original story ...)
Japan records trade deficit as surging global prices pushes imports higher
TOKYO (AP) — Japan racked up a 621 billion yen ($4.3 billion) trade deficit in July, as prices of imports surged, according to government data released Wednesday. Japan’s imports grew nearly 17% from ... ( read original story ...)
7-Eleven deal talk reflects allure of Japan’s convenience stores
Seven & i grew from small beginnings, tracing its origins to the small family-owned Yokado Clothing Store that first opened in Tokyo in 1920. The retailer, then known as Ito-Yokado, expanded rapidly ... ( read original story ...)
Why Japan’s 7-Eleven is on a rival retailer’s shopping list
When the owner of 7-Eleven announced this week that it had received a buyout offer from a Canadian rival it triggered shockwaves in Japan. A Japanese company of this size has never been bought by a ... ( read original story ...)
Japan’s Billionaire Ito Family’s 7-Eleven Chain Gets Buyout Offer From Canadian Owner Of Circle K
S even & i Holdings, the Japanese company behind the global 7-Eleven convenience store chain, has received a non-binding takeover bid from Alimentation Couche-Tard, the Canadian operator of the rival ... ( read original story ...)
Japan’s 2nd-busiest airport was put on lockdown after a pair of scissors went missing from a store, where they were later found again
Two days after the scissors went missing, airport authorities said they'd been found pretty much where they should have been. ( read original story ...)
7-Eleven targeted by Circle K owner for huge convenience store tie-up
The Canadian owner of Circle K convenience stores has made a bid to buy 7-Eleven in what would be the biggest foreign takeover of a Japanese company on record. ( read original story ...)
Seven & I Buyout Would Be a Watershed Moment for Japan Takeovers
Until now, an attempt to acquire such a well-known Japanese business at such scale would have been dismissed as audacious and unlikely, given the protectionist tendencies of the government and ... ( read original story ...)
Japan govt to raise long-term rate estimate to 2.1% in FY2025/2026, Nikkei reports
TOKYO : Japan's government plans to raise its long-term interest rate estimate used to compile the state budget to 2.1 per cent for the next fiscal year from the current year's 1.9 per cent, the ... ( read original story ...)
The Canadian company behind Circle K wants to buy 7-Eleven’s Japanese owner in a blockbuster deal
Seven & i Holdings says it will review the takeover offer from Canada's Alimentation Couche-Tard, which would unite the 7-Eleven and Circle K brands. ( read original story ...)
Owner of the 7-Eleven convenience store chain in Japan gets takeover bid from Canada’s Alimentation
The operator of 7-Eleven convenience stores and other retail chains in Japan said that it has received a buyout offer from Canada's Alimentation Couche-Tard. ( read original story ...)