07:56 AM EDT, 07/17/2025 (MT Newswires) -- Goldman Sachs ( GS ) , Morgan Stanley ( MS ) and Nomura (NMR) are set to miss out on millions of dollars in fees after Canada's Alimentation Couche-Tard abandoned its bid to acquire Seven & i Holdings, Bloomberg reported Thursday.

Couche-Tard ended its nearly yearlong pursuit, citing a refusal of meaningful engagement by the Japanese operator of 7-Eleven convenience stores, the report said.

The deal would have been the largest foreign takeover of a Japanese company, it said.

The banks involved stood to earn tens to hundreds of millions of dollars in fees from advisory and debt financing services, the report added.

Morgan Stanley ( MS ), Goldman Sachs ( GS ) didn't immediately reply to MT Newswires' request for comment, while Nomura could not be reached.

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