TOKYO, March 4 (Reuters) - Seven & i ( SVNDF ) plans to

reject a takeover bid from Canada's Alimentation Couche-Tard ( ANCTF )

as the retailer seeks to enhance its corporate value on

its own, the Yomiuri newspaper reported.

The retailing giant is finalising a plan for CEO Ryuichi

Isaka to step down with his replacement almost certain to be

director Stephen Dacus, Reuters has reported.

Dacus heads a special committee to evaluate the takeover bid

from Couche-Tard and a take-private deal from Seven & i's ( SVNDF )

founding family that recently collapsed.