TOKYO, Sept 9 (Reuters) - Japan's Seven & i ( SVNDF ) said on

Monday that Couche-Tard's low takeover bid was the reason it

would not agree to advisor talks between the companies or to

sign a non-disclosure agreement.

The Canadian company's offer significantly undervalues Seven

& i's ( SVNDF ) potential to realise shareholder value in the short to

medium term, the Japanese retail giant said in a response to a

previous statement from Couche-Tard.