Ryan Knutson
👤 SpeakerAppearances Over Time
Podcast Appearances
Couchetard buying 7-Eleven would be a massive merger, and it would allow Couchetard to dramatically increase its market share. 7-Eleven has more than 80,000 stores worldwide. So, with this one move, Couchetard would become five times bigger than it is today. Couchetard began its pursuit of 7-Eleven in August, when it made an offer to 7-Eleven's parent company, a company called Seven and I.
Couchetard buying 7-Eleven would be a massive merger, and it would allow Couchetard to dramatically increase its market share. 7-Eleven has more than 80,000 stores worldwide. So, with this one move, Couchetard would become five times bigger than it is today. Couchetard began its pursuit of 7-Eleven in August, when it made an offer to 7-Eleven's parent company, a company called Seven and I.
Isn't it like regulators aren't going to let these two giants, number one and number two, combine in the U.S. ?
Isn't it like regulators aren't going to let these two giants, number one and number two, combine in the U.S. ?
Isn't it like regulators aren't going to let these two giants, number one and number two, combine in the U.S. ?
When 7-Eleven turned them down, Couchetard came back and sweetened the deal by $8 billion, upping their offer to $47 billion. Seven and I is a publicly traded company, and Couchetard's new offer excited some of its investors.
When 7-Eleven turned them down, Couchetard came back and sweetened the deal by $8 billion, upping their offer to $47 billion. Seven and I is a publicly traded company, and Couchetard's new offer excited some of its investors.
When 7-Eleven turned them down, Couchetard came back and sweetened the deal by $8 billion, upping their offer to $47 billion. Seven and I is a publicly traded company, and Couchetard's new offer excited some of its investors.
Seven and I didn't respond publicly to the second CouchTard offer. But then, in a new twist, management within Seven and I teamed up with Japanese investors and three Japanese banks to come out with a competing offer to keep 7-Eleven in Japanese hands.
Seven and I didn't respond publicly to the second CouchTard offer. But then, in a new twist, management within Seven and I teamed up with Japanese investors and three Japanese banks to come out with a competing offer to keep 7-Eleven in Japanese hands.
Seven and I didn't respond publicly to the second CouchTard offer. But then, in a new twist, management within Seven and I teamed up with Japanese investors and three Japanese banks to come out with a competing offer to keep 7-Eleven in Japanese hands.
$58 billion. If that deal went through, it would be the biggest leveraged buyout of all time. It was so big that it made Jinju wonder.
$58 billion. If that deal went through, it would be the biggest leveraged buyout of all time. It was so big that it made Jinju wonder.
$58 billion. If that deal went through, it would be the biggest leveraged buyout of all time. It was so big that it made Jinju wonder.
When a company goes private, it means it's taken off the stock market and shareholders get a big payout. But for 7-Eleven, going private comes with a big downside, debt. To take 7-Eleven private, its new owners would have to take on a lot of debt. Out of the $58 billion they're offering to pay, around two-thirds of the money would come from loans.
When a company goes private, it means it's taken off the stock market and shareholders get a big payout. But for 7-Eleven, going private comes with a big downside, debt. To take 7-Eleven private, its new owners would have to take on a lot of debt. Out of the $58 billion they're offering to pay, around two-thirds of the money would come from loans.
When a company goes private, it means it's taken off the stock market and shareholders get a big payout. But for 7-Eleven, going private comes with a big downside, debt. To take 7-Eleven private, its new owners would have to take on a lot of debt. Out of the $58 billion they're offering to pay, around two-thirds of the money would come from loans.