Seven & i Holdings said in a letter to shareholders Monday that Couche-Tard recently agreed to jointly explore a potential sale of some stores prior to signing a takeover agreement.

In letter to shareholders, retailer cites ‘cautionary tale’ of terminated Albertsons-Kroger deal’s flawed divestiture strategy as

Japan's Seven & i Holdings said on Monday that talks have begun with Canada's Alimentation Couche-Tard (ACT) over a store sale plan that would set the stage for ACT's $47 billion takeover bid.

The parent company of 7-Eleven appears to be warming to a possible sale to Quebec-based convenience store owner Alimentation Couche-Tard.

Circle K owner says there is a clear path to obtaining regulatory approvals for transaction with 7-Eleven parent

(Reuters) - Canada's Alimentation Couche-Tard (ACT) said it is having exploratory talks with third parties about a potential sale of U.S. stores, which would help it gain regulatory approval should it reach a deal to take over Japan's Seven & i Holdings.

The Japanese owner of 7-Eleven said Monday it had agreed to jointly explore store sell-offs with Alimentation Couche-Tard (ACT) to address antitrust concerns ahead of a potential merger.

Japan's Seven & i Holdings said on Monday that financial advisors for it and Canada's Alimentation Couche-Tard were in talks about store sales to consider a combination of the companies.