Tard will continue its friendly pursuit of Seven & i, executives said, even as they vented their frustrations over the slow progress in acquisition talks with the Japanese owner of the 7-Eleven convenience-store chain.

What can you do when you can’t go hostile in a deal? For Alimentation Couche-Tard , the answer is a press conference. On Thursday, the Canadian owner of the Circle-K convenience store chain made the case for its takeover of Japan’s Seven & i to local media in Tokyo - a first since launching a $47 billion offer in August.

Canadian convenience store and gas station operator Alimentation Couche-Tard Inc. said it won’t go hostile in its attempt to acquire long-time rival Seven & i Holdings Co.

Canada's Alimentation Couche-Tard Inc., the operator of Circle K convenience stores, said Thursday its discussions with its Japanese

TOKYO (Reuters) -Canada's Alimentation Couche-Tard on Tuesday said it is confident there is a "clear path" to overcome U.S. regulatory hurdles in its proposed $47 billion acquisition of Japan's Seven & i, and expressed frustration at the 7-Eleven owner's "limited engagement."

Executives launched publicity blitz in Tokyo Thursday to win over a suspicious Japanese public and put Seven & i’s feet to the fire on US$47-billion takeover bid

TOKYO] Canadian convenience store and gas station operator Alimentation Couche-Tard Inc. said it could increase its offer to acquire long-time rival Seven & i Holdings but only if the latter engages in takeover talks.

Alimentation Couche-Tard is seeking to win over the Japanese public for its $47 billion bid for Seven & i on Thursday and address antitrust concerns that have emerged as a major stumbling block in its quest to buy the 7-Eleven owner.

The directors of Canadian convenience store giant Alimentation Couche-Tard (ACT) said on Thursday they were seeking a "friendly" buyout of 7-Eleven but lamented a lack of progress towards a deal.