The requested article has expired, and is no longer available. Any related articles, and user comments are shown below.
© KYODOSeven & i remains open to Couche-Tard buyout talks if offer is fair
TOKYO©2024 GPlusMedia Inc.
The requested article has expired, and is no longer available. Any related articles, and user comments are shown below.
© KYODO
8 Comments
Login to comment
JeffLee
LOL, the offer was almost the same as 7&i's market capitalization. If the company is indeed worth way more than that, then the obvious explanation for the discrepancy would be "grossly" bad management, in which case, a takeover would seem advisable.
descendent
Regulatory efforts to stop this are a joke. Japan can't bitterly complain about US Steel on the one hand while continuing its own long history of preventing foreign buyouts.
proxy
Plenty of corners to cut and quality to be lowered in Japanese Seven-Eleven stores to pay for the buyout. I mean who doesn't want to buy day old hot dogs?
Lawson and Mini Stop will take over the market share.
Joli
7 and i has 3x the number of stores and 3x times the revenue. And 7 and i has strong brand value.
Jim
The offer was 20% higher than the listed stock price. It won’t get much fairer than that!
Jim
The size and revenue doesn’t matter when the operation cost is so high! Last year they recorded a 8 billion yen loss in Japan!!! This year will be worst! You should do a simple search on their 7 i holding official website and go through the financial information and it’s all clearly stated there. As for the brand value aspect, humans tend to lose loyalty soon as the bottom line becomes money so businesses will never survive on that brand recognition alone ( used to be a big deal with Japanese consumers but times are changing and most Japanese customers don’t care about brand value these days as they’ve become similar to American customers)!
robert maes
Even an offer at todays total capitalisation price is generous as the number of stores will start falling, particularly in Japan with the depopulation. Also the lower population density will reduce the number of clients and revenue making it more difficult to be profitable. But reducing the product offer with smaller stores will see ever declining footfall. The competition will face similar problems. Within the decade there will be inevitable mergers in Japan between the operators. A FM, Lawson and 7-11 within 100 meters of each other is not liveable for most locations.
iron man
pleas no, the seven eleven club is the cheapest bar in town, great for meeting all nationalites. Methinks that the current transient natures of the XR for both nations are being missed in some of the above comments?