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MADRID, 9 (EUROPA PRESS). Seven & i Holdings, the operator of 7-Eleven convenience stores, has confirmed having received a non-binding ‘revised proposal’ from Alimentation Couche-Tard (ACT), which would have improved its previous offer by 22%, to just over 47,000 million dollars (42,801 million euros).
According to Bloomberg, the new proposal for the acquisition of ACT was presented in September and would contemplate the payment of 18.19 dollars per share, compared to the 14.86 dollars of the offer presented last August, which had been rejected by the Japanese group.
In this regard, the owner of 7-Eleven has indicated this Wednesday that, as requested by ACT, Seven & i Holdings has maintained, and intends to continue to maintain, the confidentiality of its current discussions with the Canadian at this time. The Company will continue to act in the best interests of its shareholders and other stakeholders of the Company.
Seven & i Holdings shares closed the session up 4.71%, after advancing as much as 11.78%. Since last August, the Japanese company’s shares have appreciated by around 45%.