7-Eleven Takeover Bid Should Be About More Than Money
Gearoid Reidy from The Japan Times:
Couche-Tard has yet to lay out anything about this deal, from a per-share offer to a demonstration of how it intends to manage 7-Eleven better than its current custodians. And though the suggestion that the chain is a critical piece of national infrastructure like nuclear plants might be opportunistic, 7-Eleven has more value than simply its worth to shareholders.
The konbini style stores like 7 are a unique gem that is truly Japan. I do worry that a foreign takeover would tarnish their utility.