ST Alpha - "Parent company of 7-Eleven trying to argue its an "essential core" service to prevent take over by Canadian rival. (link)" (Reading a Post)

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Parent company of 7-Eleven trying to argue its an "essential core" service to prevent take over by Canadian rival. (link)

Posted by Walt_Disney (aka Walt_Disney) Aug 27 '24, 11:19

In its application to become a “core” company, Seven & i is arguing that its convenience stores play a critical role in supplying food and supplies in the event of natural disasters, the people said. They also provide municipal services, allowing residents to obtain official documents

I know that services can be different in other countries but saying that slushies are essential is funny

https://www.bnnbloomberg.ca/business/international/2024/08/27/seven-i-seeks-core-designation-in-japan-raising-deal-hurdle/ (www.bnnbloomberg.ca)

Responses:

Man, Couche-Tard is on a tear buying up competitors, while 7-Eleven went into bankruptcy and had to be bought by their Japanese franchisee. -- nm - Mop🧹 Aug 27, 14:18
I mean, in Japan this is kinda true -- nm - ty97 Aug 27, 12:37
i mean . . . kinda? but also at usurious prices -- nm - mr mooch Aug 27, 11:25 2
- 7-11s in Japan are super-cheap -- nm - Roger More Aug 27, 13:01
- Yeah but looks like in Japan they are kinko's, public notary, ticket box office, bill payment and convenience store all rolled into one. -- nm - con_carne Aug 27, 11:47
Yes, do it, block that takeover. Have some backbone. - Beryllium Aug 27, 11:25

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Parent company of 7-Eleven trying to argue its an "essential core" service to prevent take over by Canadian rival. (link)

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