Seven & i Holdings Responds to Alimentation Couche-Tard's Proposal
Seven & i Holdings has issued a statement regarding the proposal from Alimentation Couche-Tard Inc. The company has reaffirmed its stance that the current proposal does not facilitate meaningful discussions.
Company's Stance on the Proposal
The board of Seven & i Holdings has made it clear that they do not plan to engage in further discussions or sign any non-disclosure agreements at this moment. They believe that the proposal fails to adequately reflect the company's intrinsic value.
Commitment to Enhancing Shareholder Value
Seven & i Holdings is dedicated to maximizing shareholder value. They are open to considering any future proposals that accurately reflect the company’s intrinsic worth and effectively address regulatory concerns.
Emphasis on Business Operations
As they await further proposals, the company intends to focus on its ongoing business operations. This includes implementing strategies aimed at generating shareholder value in the near to medium term.
Media Contact Information
For Inquiries in Tokyo
Media inquiries should be directed to Kekst CNC, with spokesperson Jochen Legewie available for additional information.
Contact Information for New York
In New York, media relations are handled by Ruth Pachman and Nathan Riggs, who are responsible for press communications for Seven & i Holdings.
Frequently Asked Questions
What is Seven & i Holdings' position on the recent proposal?
They have indicated that the proposal from Alimentation Couche-Tard does not merit further discussions at this time.
Are they open to future negotiations?
Yes, Seven & i Holdings is willing to engage in discussions that reflect its true value and address regulatory concerns.
Who manages media inquiries for Seven & i Holdings?
Media inquiries are handled by Kekst CNC, with specific contacts available in both Tokyo and New York.
What is their primary focus going forward?
The company plans to execute its business strategies while prioritizing the maximization of shareholder value in the immediate future.
Will Seven & i Holdings hire an advisor for discussions?
At this time, they have not engaged any advisors for discussions regarding Alimentation Couche-Tard's proposal.