Big buy: A shopper leaving a 7-Eleven convenience store in Kawasaki, Japan. — Bloomberg
TWO weeks from the first report of Alimentation Couche-Tard Inc’s bid to acquire Japan’s Seven & I Holdings Co, the battle lines for public opinion are being drawn.
Reports that the target is seeking Japanese government protection from the bid, under the auspices of the country’s Foreign Exchange and Foreign Trade Act, have had some asking if this is “Japan Inc” of yore.
