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Seven & i responded fairly to offer from Couche-Tard, says Suntory CEO

Seven & i responded fairly to offer from Couche-Tard, says Suntory CEO

FILE PHOTO: Shoppers walk out from a Seven & I Holdings' 7-Eleven convenience store in Tokyo, Japan, April 7, 2016. REUTERS/Yuya Shino//File Photo

Japan’s Seven & i responded fairly by saying a takeover offer from Canada’s Couche-Tard was too low, Suntory Holdings chief executive Takeshi Niinami said on Wednesday.

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