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Circle K owner makes massive Japanese bid

» Updated: 19 August 2024, 15:45

» Published: 19 August 2024

Circle K owner makes massive Japanese bid
Photo: Caisa Rasmussen/TT

It could be the largest foreign corporate deal in Japanese history. Canadian Couche-Tard, owner of, among other things, the Circle K brand, has made a preliminary bid on Japanese retail giant Seven & I Holdings with around 85,000 stores worldwide.

The bid, if it goes through, values the Japanese chain – with, among other things, 7-Eleven stores in its portfolio – at 31 billion dollars, equivalent to over 300 billion kronor.

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By TTThis article has been altered and translated by Sweden Herald

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