Seven & i, Couche-Tard U.S. Store Sale Draws Interest Amid Merger Talks

Potential buyers for a divestiture package of Japan’s Seven & i Holdings and Canada’s Alimentation Couche-Tard’s U.S. stores must submit their interest by the end of March. The move comes as discussions over a possible merger between the retail giants continue, Bloomberg News reported, citing sources familiar with the matter.

The divestiture aims to address antitrust concerns, ensuring regulatory approval for the merger. Buyers must demonstrate their ability to navigate these legal hurdles, adding complexity to the sale process. Industry experts anticipate that major players in the convenience store and fuel retail sectors will be among those eyeing the assets.

Seven & i, the parent company of 7-Eleven, and Couche-Tard, which operates Circle K, are two of the largest convenience store chains globally. A merger between them could reshape the competitive landscape in the U.S. convenience retail market, triggering closer scrutiny from regulators.

While neither company has publicly commented on the potential sale or ongoing talks, insiders suggest that serious bidders will need to showcase financial strength and strategic fit. The Federal Trade Commission (FTC) is likely to assess whether a merger would reduce competition, potentially leading to store closures or price hikes.

With a March deadline looming, prospective buyers must act quickly. If the deal progresses, it could create one of the most significant consolidations in the sector, impacting thousands of retail locations and millions of customers.

Stay updated on this developing story as the convenience store industry faces a potential shake-up.