7-Eleven revival plan needs heavy lifting to stop Couche-Tard's $47b takeover

7-Eleven revival plan needs heavy lifting to stop Couche-Tard's $47b takeover

FILE PHOTO: Seven & i’s logo is seen at a 7-Eleven convenience store in Tokyo, Japan August 19, 2024. REUTERS/Kim Kyung-Hoon/File Photo

Japan’s Seven & i Holdings is betting it can boost value by hiving off underperforming businesses and focusing on mainstay 7-Eleven stores. The outcome of its strategy will determine whether it can outmanoeuvre a $47 billion Canadian takeover bid.