Logo image of ATD.CA

ALIMENTATION COUCHE-TARD INC (ATD.CA) Stock News

TSX:ATD - Toronto Stock Exchange - CA01626P1484 - Common Stock - Currency: CAD

67.69  +0.05 (+0.07%)

ATD.CA Latest News, Press Relases and Analysis

News Image
6 days ago - Bloomberg

Circle K Owner Misses Estimates on Lower Fuel Prices, Demand

Circle K owner Alimentation Couche-Tard Inc. slightly missed earnings estimates for its fiscal fourth quarter earnings because of lower fuel demand.

News Image
20 days ago - Bloomberg

Couche-Tard Sees ‘Clear Path’ to Seven & i Deal With US Stores Divestment

Alimentation Couche-Tard Inc. said several potential buyers have made proposals to acquire convenience stores in the US that overlap with Seven & i Holdings Co., showing progress toward a deal that could help the Canadian retailer win regulatory approval for its proposal to buy its Japanese rival.

Mentions: KR ACI

News Image
a month ago - Bloomberg

Buyout on Hold: Seven & i Investors Eye Execution Before Backing Deal or Strategy

The annual meeting of Seven & i Holdings Co. shareholders is likely to be a low-key event, despite the drama surrounding a company facing a takeover proposal by Alimentation Couche-Tard Inc., the operator of Circle K stores.

News Image
2 months ago - Bloomberg

Couche-Tard Clinches Deal to Deepen Seven & i Takeover Talks

Alimentation 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.

News Image
3 months ago - Bloomberg

Seven & i Received No Shareholder Proposals for Annual Meeting

None of Seven & i Holdings Co.’s shareholders submitted proposals to be voted upon at the company’s annual meeting next month, despite previously issuing strong calls for the retailer to engage in merger talks with Alimentation Couche-Tard Inc.

News Image
3 months ago - Bloomberg

Couche-Tard Sees Strong Interest in US Stores for Seven & I Deal

Private equity firms are showing strong interest in buying about 2,000 North American convenience stores that could be divested if Alimentation Couche-Tard Inc. succeeds in its ¥7.39 trillion ($49 billion) endeavor to buy out Seven & i Holdings Co., the chief financial officer of the Canadian company said.

News Image
3 months ago - Bloomberg

Couche-Tard, Seven & i Solicit US Store Interest by End of March

Potential buyers for a divestiture package of Seven & i Holdings Co. and Alimentation Couche-Tard Inc.’s US convenience stores have until the end of the month to express their interest and show they can overcome antitrust concerns as talks over a possible union continue, according to people familiar with the matter.

News Image
3 months ago - Bloomberg

Couche-Tard Seeks to Reassure Investors on Seven & I Approach

Canada’s Alimentation Couche-Tard Inc. is trying to assure shareholders that management hasn’t lost sight of operations amid fragile talks over a potential takeover of rival Seven & i Holdings Co.

News Image
3 months ago - Bloomberg

Seven & i Signs Confidentiality Pact With Canada’s Couche-Tard

Seven & i Holdings Co. signed a confidentiality pact with Alimentation Couche-Tard Inc., allowing the two companies to advance discussions on addressing antitrust concerns arising from the Canadian retailer’s takeover approach.

News Image
3 months ago - Bloomberg

Couche-Tard Met Seven & i Investors to Press Case for Takeover

Alimentation Couche-Tard Inc. met privately with key Seven & i Holdings Co. shareholders as the Canadian firm ramps up pressure on the operator of 7-Eleven convenience stores to engage in takeover talks.

News Image
4 months ago - Bloomberg

Couche-Tard Rules Out Hostile Takeover on Japan’s Seven & i

Canadian convenience store and gas station operator Alimentation Couche-Tard Inc. said it won’t go hostile in its attempt to acquire long-time rival Seven & i Holdings Co.

News Image
4 months ago - Bloomberg

Couche-Tard to Keep Pushing for Seven & i Deal, Sees US Approval

Alimentation Couche-Tard Inc. will keep up “friendly and persistent” attempts to forge a deal to acquire Seven & i Holdings Co., saying that it has the financing in place and sees a clear path to gaining antitrust regulatory appeal in the US.

News Image
4 months ago - Bloomberg

Investor Pushes Seven & i to Engage With Couche-Tard

A shareholder in Japan’s Seven & i Holdings Co. is pressuring the company to engage “more deeply” with Alimentation Couche-Tard Inc. over its $47.5 billion buyout approach.

Mentions: APAM

News Image
4 months ago - Bloomberg

Couche-Tard Holds Talks for Sale of US Shops in Seven & i Deal

Canada’s convenience store and gas station operator Alimentation Couche-Tard Inc. says it has held “exploratory discussions” with potential buyers for any US stores that would need to be divested to secure regulatory approval for a potential takeover of Japanese rival Seven & i Holdings Co.

News Image
4 months ago - Bloomberg

Seven & i to Reject Couche-Tard’s Buyout Proposal, Yomiuri Says

Seven & i Holdings Co. plans to rebuff a proposed takeover by Alimentation Couche-Tard Inc., the Yomiuri newspaper reported, with the Japanese retailer seeking to boost its valuation on its own after a management buyout by the founding Ito family was scrapped.

News Image
4 months ago - Bloomberg

Seven & i CEO to Be Replaced by Stephen Dacus, Nikkei Reports

Seven & i Holdings Co. Chief Executive Officer Ryuichi Isaka is stepping down from his position, the Nikkei newspaper reported without citing sources.

News Image
4 months ago - Bloomberg

Seven & i Plots Europe Growth as Couche-Tard Bid Pressure Mounts

Seven & i Holdings Co. is seeking deals in Europe to bolster growth abroad as the retailer faces increased pressure to consider a proposed takeover by Canada’s Alimentation Couche-Tard Inc.

News Image
4 months ago - Bloomberg

Couche-Tard Still Seeking Seven & I Deal, Access to Financials

Alimentation Couche-Tard Inc. is keeping up its pursuit of Seven & i Holdings Co. but has yet to gain access to the Japanese company’s financials, months after proposing a takeover, people with knowledge of the matter said.

News Image
6 months ago - Bloomberg

Seven & I Convenience Store Recovery Hits Wider Retail Headwinds

Seven & i Holdings Co. will show some signs of recovery at its convenience stores in Japan and North America when it reports quarterly results, but that may not be enough to stave off investor pressure to engage with a takeover approach from Alimentation Couche-Tard Inc.

News Image
7 months ago - Bloomberg

Seven & i $60 Billion Management Buyout to Include US Assets IPO

The ¥9 trillion ($60 billion) proposed management buyout of Seven & i Holdings Co. is set to include plans for an initial public offering of its North American convenience stores and gasoline stations business to ease financing concerns, people with knowledge of the matter said.

News Image
7 months ago - Bloomberg

Couche-Tard Not Giving Up on Bid to Acquire 7-Eleven’s Owner

Canadian convenience store and fuel retailer Alimentation Couche-Tard Inc. remains committed to snapping up its Japanese rival Seven & i Holdings Co. despite a new management buyout proposal valued at about $58 billion.

News Image
8 months ago - Bloomberg

Seven & I Is Said to Consider $58 Billion Management Buyout

Seven & i Holdings Co. is considering a management buyout to take itself private with funding from banks, Itochu Corp. and the founding Ito family in a transaction that could be worth ¥9 trillion ($58 billion), people with knowledge of the matter said.

News Image
8 months ago - Bloomberg

Seven & i Is Said to Plan Reducing Stake in Banking Unit to 38%

Seven & i Holdings Co., the convenience-store operator facing a takeover approach from Canada’s Alimentation Couche-Tard Inc., plans to reduce its stake in its banking unit to 38% as part of a broader revamp, people with knowledge of the matter said.

News Image
8 months ago - Bloomberg

Couche-Tard Scion Bets on Property to Diversify Family Fortune

The son of Alimentation Couche-Tard Inc. co-founder Richard Fortin is betting on one of Canada’s hottest real estate markets to diversify the billionaire family’s retail fortunes.

News Image
8 months ago - Bloomberg

Seven & i Targeting Group Revenue of ¥30 Trillion by 2030

Seven & i Holdings Co.’s plan to split in two and expand abroad will help the retailer almost double group revenue, Chief Executive Officer Ryuichi Isaka said in an appeal to shareholders as Alimentation Couche-Tard Inc. seeks to buy the Japanese convenience-store operator.

News Image
9 months ago - Bloomberg

Seven & I Takeover Feud Spurs Bank Unit Buyback Speculation

The takeover battle for Seven & i Holdings Co. is fueling share gains in its banking unit, on speculation the Japanese retail giant will cut its stake and allow the lender to conduct buybacks more freely.

News Image
9 months ago - Bloomberg

Couche-Tard’s 7-Eleven Overlaps to Face Skeptical US FTC Review

Circle K operator Alimentation Couche-Tard Inc. is likely to face a tough US antitrust review if it moves forward with its $47.2 billion bid to buy 7-Eleven owner Seven & i Holdings Co., according to a Bloomberg News analysis.

News Image
9 months ago - Bloomberg

Couche-Tard Executives Make Case to Buy Seven & i in Tokyo

Alimentation Couche-Tard Inc.’s founder and top executives are spending three days in Tokyo this week, seeking to make their case for buying Seven & i Holdings Co. for about ¥7.1 trillion ($47.4 billion) despite being rebuffed by the Japanese retailer.

News Image
9 months ago - Bloomberg

Couche-Tard Chairman Says Interested in Whole of Seven & i

Alimentation Couche-Tard Inc. is interested in buying the entirety of Seven & i Holdings Co., and will keep the local operations of the Japanese convenience store and retail giant intact, Chairman and founder Alain Bouchard said.