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7-Eleven shares jump as rival Couche-Tard makes new buyout offer

Source: BBC

Shares in the owner of convenience store giant 7-Eleven jumped on Wednesday after it received a new takeover offer from Canadian rival Alimentation Couche-Tard.Japan's Seven & i Holdings confirmed the new approach but did not reveal any new details.The announcement came after Bloomberg News reported that the new offer valued the firm at more than $47bn (£36bn) - around 20% higher than previously.In September,…

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Read the original source at BBC