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FinanceSeptember 12, 2024by hippo2022Couche-Tard considers raising offer price for Seven & i, Bloomberg News reports

TOKYO (Reuters) – Canada’s Alimentation Couche-Tard is discussing how much it could raise the offer price to buy Japan’s Seven & i Holdings, Bloomberg News reported on Thursday, citing unnamed sources familiar with Couche-Tard’s internal talks.

Shares in Seven & i rose more than 4% by the end of morning trade on Thursday.

Couche-Tard earlier this week said it was willing to continue talks with Seven & i on its $38.5 billion takeover offer, as it remains keen on pursuing a buyout.

(Reporting by Kantaro Komiya; Editing by Muralikumar Anantharaman and Chang-Ran Kim)

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