TOKYO, March 11 (Reuters) - Canada's Alimentation
Couche-Tard ( ANCTF ) said on Tuesday it is confident in
attaining the U.S. regulatory approvals required to buy out
Japan's Seven & i Holdings ( SVNDF ) after the latter said
antitrust law would be a barrier to any deal.
In a statement Couche-Tard said it had submitted a revised
non binding proposal in January as per Seven & i's ( SVNDF ) request and
continues to be disappointed with the limited engagement thus
far.
"Our proposal presents shareholders with a clear economic
value, unlike 7&i's repeatedly revised plan as announced last
week," the statement said.