Analysis: Couche-Tard, 7-Eleven Encounter Early Snag in Store Divestiture Plan
By Abigail Summerville and Anton Bridge NEW YORK/TOKYO (GudangMovies21) – The convenience store behemoths Couche-Tardy and Seven & i are navigating the initial challenges of their strategy to sell off several thousand stores they jointly control in North America to address antitrust worries before potentially merging. Their first hurdle will be enticing competing buyers for these outlets. It’s probable that the two convenience store operators will find it challenging to attract bids from other similar retail chains due to concerns about possible antitrust issues associated with such a transaction. This assessment comes from sources close to the situation as well as multiple antitrust specialists. Seven & i operates the 7-Eleven franchise, boasting over 12,000 outlets across the United States. Up until now, the majority of prospective purchasers for the outlets have been private equity companies, according to these sources. This poses a possible challenge for both Ca...