#Latest news with #7-elevenBloomberg01-05-2025BusinessBloombergCouche-Tard Clinches Deal to Deepen Seven & i Takeover TalksAlimentation Couche-Tard Inc. and Seven & i Holdings Co. have signed a non-disclosure agreement that will give the Canadian company access to the 7-eleven operator's financial data as it seeks to formalize an buyout offer, the companies said. They also agreed to a standstill provision, Seven & i said in a statement, adding that the terms are confidential. They are commonly used to prevent a potential buyer from making a hostile bid while also giving it a fair chance to negotiate a deal.
Bloomberg01-05-2025BusinessBloombergCouche-Tard Clinches Deal to Deepen Seven & i Takeover TalksAlimentation Couche-Tard Inc. and Seven & i Holdings Co. have signed a non-disclosure agreement that will give the Canadian company access to the 7-eleven operator's financial data as it seeks to formalize an buyout offer, the companies said. They also agreed to a standstill provision, Seven & i said in a statement, adding that the terms are confidential. They are commonly used to prevent a potential buyer from making a hostile bid while also giving it a fair chance to negotiate a deal.