Couche-Tard undeterred from Seven & i ambitions

Alimentation Couche-Tard continues to seek to acquire 7-Eleven parent Seven & i holdings. “We will be persistent and continue our friendly approach to creating what we see as the most compelling outcome for all shareholders, employees and key constituencies of both companies,” CEO Alex Miller told analysts on a conference call yesterday. The family of Seven & i founder Masatoshi Ito has tabled a non-binding management buyout proposal as an alternative to Couche-Tard’s bid.