10:50 AM EST, 02/26/2025 (MT Newswires) -- Alimentation Couche-Tard ( ANCTF ) is keeping up its pursuit of Seven & i Holdings Co. but has yet to gain access to the Japanese company's financials, months after proposing a takeover, people with knowledge of the matter said, Bloomberg is reporting Wednesday.

A competing 9 trillion yen (US$60 billion) proposal by the founding Ito family and Itochu Corp. to take the operator of 7-Eleven stores private has stalled over disagreements about management control, people familiar with the discussions said this week, Bloomberg noted.

It said that may leave Seven & i with little choice but to enter talks with Couche-Tard, the owner of the Circle K chain, which has proposed to take over the Japanese retailer for about $47 billion.

(Market Chatter news is derived from conversations with market professionals globally, and/or from other media sources. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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