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7-Eleven owner considers going private to avoid foreign buyout: reports
The Japanese owner of 7-Eleven is considering going private by buying back its own shares in a bid to avoid a takeover by Canadian rival Couche-Tard, reports said on Wednesday.Seven & i Holdings is eyeing the move as a countermeasure to Circle K owner Alimentation Couche-Tard’s seven trillion yen ($45 billion) takeover proposal, the Nikkei …
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Global stocks slip as markets take post-US election breather
A stocks rally following Donald Trump’s US election win lost steam Tuesday as traders looked to consolidate recent gains, sending major indices lower on both sides of the Atlantic.The euro hit a one-year low and the pound fell against the dollar, which has been invigorated by expectations that Trump’s trade policies could keep interest rates …
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