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 >
Ferrovial's quarterly core profit rises 19% led by US highways business
Ferrovial's quarterly core profit rises 19% led by US highways business
May 26, 2025
MADRID (Reuters) -Spanish construction giant Ferrovial posted a 19% rise in first-quarter core earnings on Tuesday, driven by strong performance in its toll highway business in the United States. The company reported adjusted earnings before interest, taxes, depreciation and amortisation (EBITDA) of 309 million euros ($345.8 million), which fell short of the 315 million euros expected by analysts, according to...
Vietnam PM vows to fight against counterfeits, trade frauds
Vietnam PM vows to fight against counterfeits, trade frauds
May 26, 2025
HANOI (Reuters) -Vietnam's Prime Minister Pham Minh Chinh on Wednesday urged the country's anti-counterfeit task force to devise new ways to fight fake goods, trade frauds and smuggling, the government said in a statement. The pledge came as Vietnam is in talks to avoid crippling U.S. tariffs, offering Washington multiple measures to address longstanding concerns, including on intellectual property breaches...
Burberry full-year profit beats expectations
Burberry full-year profit beats expectations
May 26, 2025
LONDON (Reuters) -British luxury brand Burberry on Wednesday reported better-than-expected fourth-quarter sales and adjusted operating profit for its full year ending March 29 as it said brand sentiment was improving. Burberry ( BBRYF ), in the early stages of a turnaround strategy led by CEO Joshua Schulman, narrowly avoided a loss for its 2025 financial year with an adjusted operating...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved