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In 2020, Seven & i and Couche-Tard were rival bidders to take over U.S. gas station chain Speedway, which the Japanese company ended up purchasing for $21 billion. ($1 = 146.2200 yen)
Couche-Tard's $20 billion approach for Carrefour was rejected by the French government earlier this month on food security concerns. The bid for Carrefour pushed the Quebec-based company into ...
Canada's Alimentation Couche-Tard has dropped its 16.2 billion euro ($19.6 billion) bid to acquire European retailer Carrefour SA after the takeover plan ran into stiff opposition from the French ...
Fortin worked in finance for 13 years, and was a vice-president of the Canadian subsidiary of Société Générale. [2] In 1984, he was a co-founder of Couche-Tard. [2] From 1984 to 2008 he was chief financial officer, and chairman from 2008 to 2011. [3] Fortin is a director of Transcontinental. [3]
Couche-Tard, which was already dominating its industry, grew to 610 outlets in Canada following the transaction. [9] In early 1999, Dépan-Escompte Couche-Tard and Provi-Soir merged into a single branding; reverting to the Couche-Tard name without "Dépan-Escompte" (albeit with a new logotype), but adopting the owl mascot of Provi-Soir. [10]
On August 19, 2024, Canadian multinational convenience store operator Alimentation Couche-Tard Inc. offered to buy Seven & i. [23] [24] On September 6, 2024, the C$38.7 billion takeover bid was rejected by Seven & i as too low and fraught with regulatory risk, although a "sweetened offer" would be considered. [25]
The decision to end merger talks came after a meeting on Friday between French Finance Minister Bruno Le Maire and Couche-Tard's founder and chairman, Alain Bouchard. ... Couche-Tard dropped its ...
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