financetom
Business
financetom
/
Business
/
Seven & i responded fairly to offer from Couche-Tard, says Suntory CEO Niinami
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Seven & i responded fairly to offer from Couche-Tard, says Suntory CEO Niinami
Sep 11, 2024 4:36 AM

TOKYO, Sept 11 (Reuters) - Japan's Seven & i ( SVNDF )

responded fairly by saying a takeover offer from Canada's

Couche-Tard was too low, Suntory Holdings chief

executive Takeshi Niinami said on Wednesday.

The offer for the operator of 7-Eleven convenience stores

has made Japanese chief executives nervous about potential

overseas takeovers, said Niinami in a Reuters NEXT Newsmaker

interview.

Niinami, 65, is one of Japan's most influential executives,

serving as chair of the Keizai Doyukai business lobby and

previously as an adviser to former Prime Minister Yoshihide

Suga.

(Reporting by David Dolan and Rocky Swift; Editing by

Muralikumar Anantharaman)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved