Business deals7-Eleven owner grants Couche-Tard greater access to its books
Japan's Seven & i describes non-disclosure agreement as a 'positive step'
Canada's Alimentation Couche-Tard has signed a non-disclosure agreement with Japanese retail giant Seven & i Holdings, the owner of 7-Eleven. (Photo by Suzu Takahashi)
YURIKA YONEDA and YUICHI NITTA
TOKYO -- Seven & i Holdings, the 7-Eleven convenience chain operator and target of Japan's biggest foreign takeover bid, announced on Thursday that it has signed a non-disclosure agreement with the bidder, Alimentation Couche-Tard (ACT), to engage in further deal discussions.