Seven & i, Couche-Tard sign NDA on potential store divestments

Agreement covers stores that are potential divestiture candidate

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Couche-Tard and Seven & i still have differences on the need to sign a full nondisclosure agreement. © Reuters

TOKYO (Reuters) -- Japan's Seven & i and Alimentation Couche-Tard have signed a nondisclosure agreement over the stores they may need to offload to meet U.S. antitrust conditions in the event the Canadian retailer buys the Japanese company, a Seven & i spokesperson said on Wednesday.

The retailers have also signed NDAs with potential buyers of the stores. Seven & i and Couche-Tard announced they were working together on sounding out buyers last week.

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