Canadian fund CDPQ could help fundraising for Couche-Tard's 7-Eleven bid

CEO Emond says equity financing is 'doable' for convenience store giant

20240924N quebec interview

Charles Emond, CEO of pension fund CDPQ, sees Couche-Tard and Seven & i as having a "complementary" relationship. (Photo by Nanami Sato)

RYUSHIRO KODAIRA, Nikkei senior staff writer

TOKYO -- If Canadian convenience store giant Alimentation Couche-Tard raises capital for its bid to acquire Japanese peer Seven & i Holdings, major shareholder CDPQ "could participate," Charles Emond, the pension fund's CEO, told Nikkei on Tuesday.

CDPQ, formally known as Caisse de depot et placement du Quebec, owns 3.5% of Couche-Tard.

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