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Seven & i Rejects $39bn Takeover Offer from Couche-Tard

Seven & i, owner of 7-Eleven, rejects a $39bn takeover offer from Canadian rival, stating undervaluation. The Japanese group, with 84,000+ stores across 19 countries, remains open to higher bids due to regulatory concerns. Speculation arises on strategic defense emphasizing 7-Eleven's role in Japan's disaster support infrastructure.