TOKYO -- Canadian retail group Alimentation Couche-Tard (ACT) never identified a viable strategic buyer for the U.S. outlets that needed to be divested to deal with antitrust issues arising from the proposed combination with Seven & i, the Japanese company said on Tuesday.
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A slide shown by Alimentation Couche-Tard at a Tokyo press conference in March to explain its proposed acquisition of 7-Eleven owner Seven & i Holdings. The Canadian retailer withdrew its bid on July 17.
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