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Top related persons:
Alimentation - 1 Soichiro Koriyama - 1 Tard - 1 Stephen Dacus - 1 Dacus - 1 Alain Bouchard - 1 Ben Herrick - 1 Herrick - 1
Top related locs:
Kobe Japan U.S Tokyo United States
Top related orgs:
Seven - 1 Holdings Co - 1 Tard Inc - 1 Bloomberg - 1 Getty Images Bloomberg - 1 Getty - 1 Holdings - 1 Tokyo Stock Exchange - 1

Search resuls for: "Tard Inc"


2 mentions found


☆ 7-Eleven's parent company rejects $38.6 billion takeover bid, says offer 'grossly undervalues' company
  + stars: | 2024-09-06 | by ( Lim Hui Jie | ) www.cnbc.com   time to read: +4 min
Photographer: Soichiro Koriyama/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty ImagesSeven & i Holdings has rejected the takeover offer from Canadian convenience store operator Alimentation Couche-Tard , saying the offer "is not in the best interest" of its shareholders and stakeholders. According to LSEG data, the offer price will value Seven & i at $38.55 billion. In April, Seven & i announced a restructuring plan for the company, aimed at growing 7-Eleven's presence globally as well as divesting its underperforming supermarket business. Herrick explained Artisan asked Seven & i to consider the offer because the fund feels that capital allocation overseas has been overlooked. "You have more than 50,000 stores, or about 50,000 stores that are generating about $100 million or just over $100 million of operating profit for for the company.
Persons: Alimentation, Soichiro Koriyama, Tard, Stephen Dacus, Dacus, Alain Bouchard, Ben Herrick, Herrick Organizations: Seven, Holdings Co, Tard Inc, Bloomberg, Getty Images Bloomberg, Getty, Holdings, Tokyo Stock Exchange, litigating, Artisan Partners, Partners, & $ Locations: Kobe, Japan, U.S, Tokyo, United States
☆ Canopy Growth to divest Canadian retail operations
  + stars: | 2022-09-27 | by ( ) www.reuters.com   time to read: 1 min
Sept 27 (Reuters) - Canopy Growth Corp (WEED.TO) said on Tuesday it will divest its retail business across Canada, as the pot producer steps up efforts to turn profitable. The business includes stores operating under the Tweed and Tokyo Smoke retail banners. Canopy has been focusing on premium high-potency offerings and has undertaken cost cuts through layoffs, exits from some international markets and store closures in its bid to turn profitable. The master license deal between Canopy and Alimentation Couche-Tard Inc (ATD.TO) related to the use of the Tweed brand for brick-and-mortar retail stores operating in Ontario has also been terminated, it added. Register now for FREE unlimited access to Reuters.com RegisterReporting by Arunima Kumar in Bengaluru; Editing by Shailesh KuberOur Standards: The Thomson Reuters Trust Principles.
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