Investing
FTC tells Seven & i it intends to probe potential Couche-Tard deal, source says By Reuters
By Abigail Summerville
NEW YORK (Reuters) – The U.S. Federal Trade Commission has notified Seven & i of its intention to investigate a potential takeover of the convenience store chain by Canada’s Alimentation Couche-Tard over antitrust concerns, a source familiar with the matter said.
Couche-Tard proposed to buy Seven & i for $38.5 billion, an offer that the Japense retail giant rejected, in part citing US antitrust concerns.
The FTC sent Seven & i the notice of its intent after the offer was made public on Aug. 19, the source said, requesting anonymity as they were not authorized to speak publicly about the matter.
The FTC could not immediately be reached for comment.
Read the full article here
Los Angeles Fire: Airbnb, Planet Fitness Offer Free Services
How Small and Medium-Sized Businesses Can Compete with Large Corporations
3 Ways Context Switching Can Boost Your Business
How to Build a Solid Go-to-Market Strategy for 2025
Airbus keeps top spot with 766 jet deliveries in 2024 By Reuters
How to Create and Sell Digital Products Online (Make Extra Money)
Is Apple Releasing an ‘Ultra-Thin’ iPhone 17 Air? New Report
Moldova breakaway region to face new power cuts on Saturday, officials say By Reuters
US data center electricity and water use to increase significantly by 2028: report By Investing.com
Reebok Co-Founder Backs Syntilay’s New AI, 3D-Printed Shoe
Debt ceiling debate and its effect on the U.S. dollar
Debt ceiling default: Still no deal between parties
Stovall: If the U.S. defaults on its debt, all S&P 500 sectors will likely fall
What China's weaker-than-expected economy could mean for U.S. markets
A ‘Big Short’ investor sees financial disaster brewing in housing markets — again
-
Make Money7 days agoHow to Create and Sell Digital Products Online (Make Extra Money)
-
Investing7 days agoIs Apple Releasing an ‘Ultra-Thin’ iPhone 17 Air? New Report
-
Investing6 days agoMoldova breakaway region to face new power cuts on Saturday, officials say By Reuters
-
Investing7 days agoUS data center electricity and water use to increase significantly by 2028: report By Investing.com
-
Investing6 days agoReebok Co-Founder Backs Syntilay’s New AI, 3D-Printed Shoe
-
Side Hustles6 days agoHow to Survive High-Demand Seasons Without Losing Customers
-
Passive Income7 days agoHow to Evolve From Manager to Mentor and Create a Lasting Impact
-
Investing4 days agoNFI Group surge after board reshaped with new appointments, chairperson By Investing.com