7-Eleven suitor Couche-Tard ‘confident’ in financing of buyout

NEW YORK — Canadian grocery giant Alimentation Couche-Tard is “confident in our ability to finance and complete” its proposed acquisition of Japanese peer Seven & i Holdings, incoming CEO Alex Miller said Thursday.

Couche-Tard is reportedly offering about $40 billion for Seven & i. The Japanese company intends to send a reply letter stating that the proposed price is too low.

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