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Ito Family’s Seven & i Gets Back To Basics To Ward Off $47 Billion Takeover Bid From Circle K Owner

Ito Family’s Seven & i Gets Back To Basics To Ward Off $47 Billion Takeover Bid From Circle K Owner

Facing activist investors and an unsolicited bid of nearly $50 billion from Canadian retailer Alimentation Couche-Tard (ACT), Seven & i Holdings, owner of the 7-Eleven convenience store chain, announced measures in March to improve profitability.

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