Seven & i Holdings Responds to Alimentation Couche-Tard Proposal
Seven & i Holdings Addresses Alimentation Couche-Tard's Proposal
Seven & i Holdings has recently made a statement concerning the proposal from Alimentation Couche-Tard Inc. The company has reiterated its position that the current proposal is not conducive to meaningful discussions.
Company's Position on the Proposal
The board of Seven & i Holdings emphasized that they have no intention of engaging in further discussions nor signing any non-disclosure agreements at this time. The board believes that the proposal does not adequately address the company's intrinsic value.
Commitment to Shareholder Value
Seven & i Holdings remains committed to maximizing shareholder value. They express a willingness to listen to any future proposals that consider the company’s intrinsic worth and respond to regulatory concerns effectively.
Focus on Business Execution
While they await further proposals, the company plans to concentrate on its ongoing business operations. This includes pursuing strategies that will generate shareholder value in the near to medium term.
Media Contact Information
For Communications in Tokyo
The company’s media inquiries can be directed to Kekst CNC through their spokesperson, Jochen Legewie, who is available for further information.
Contact Details for New York
In New York, media contacts include Ruth Pachman and Nathan Riggs, who are entrusted with handling the press relations for Seven & i Holdings.
Frequently Asked Questions
What is Seven & i Holdings' stance on the recent proposal?
They have stated that the proposal from Alimentation Couche-Tard does not warrant further discussions at this time.
Are they open to future negotiations?
Yes, Seven & i Holdings is open to discussions that reflect its true value and address regulatory concerns.
Who is handling media inquiries for Seven & i Holdings?
The media inquiries are managed by Kekst CNC, with dedicated contacts in both Tokyo and New York.
What is their primary focus moving forward?
The company aims to execute its business strategies while maximizing shareholder value in the immediate future.
Will Seven & i Holdings engage an advisor for discussions?
Currently, they have not engaged any advisors for discussions related to Alimentation Couche-Tard's proposal.
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