Japan's 7-Eleven parent issues rebuttal of Couche-Tard criticisms
YURIKA YONEDA
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.
The Japanese operator of the 7-Eleven convenience store chain accused the Canadian company of mischaracterizing the proposed deal's "significant hurdles", and being uncommitted to resolving them, in the latest exchange of blame over the Canadian company's failed bid.
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