TOKYO -- The Japanese owner of the 7-Eleven convenience store chain managed to secure shareholder backing for its reshuffled management on Tuesday, as the company tries to fend off a takeover bid from Canadian rival Alimentation Couche-Tard.
Business deals
7-Eleven owner manages to secure shareholder backing amid takeover offer
Sagging share price, Couche-Tard's bid among issues for shareholders
Seven & i’s logo on a 7-Eleven convenience store in Tokyo in 2024: The company secured approval for its new management team at a shareholders meeting on May 27. (Photo by Akira Kodaka)
Read Next
Latest on Business deals
