Alimentation Couche-Tard has confirmed the company has signed a non-disclosure agreement with Seven & i Holdings Co. Ltd. as it seeks to take over the Japanese firm. Couche-Tard made the announcement in a brief release on Wednesday, noting that there can be no assurance that these discussions will result in a transaction.
“We appreciate the Special Committee of Seven & i engaging in substantive discussions regarding our proposal and providing access to diligence. We look forward to working collaboratively with Seven & i in the interests of all stakeholders,” said Alex Miller, Couche-Tard president and CEO.