Couche-Tard CEO Seemingly Contradicts Earlier Report of Signed NDA with Seven & I -- Market Talk

Dow Jones

2025/03/19

0950 ET - Alimentation Couche-Tard's CEO says that his company hasn't signed a non-disclosure agreement with 7-Eleven operator Seven & I holdings, contradicting earlier reports that it had. On an analyst call, CEO Alex Miller says "our focus remains on a friendly approach, on engaging with Seven & I, highlighting the benefits that we see to both groups of shareholders and all stakeholders." Earlier, a Seven & I spokesperson said the nondisclosure agreement was signed and limited to the potential sale of some stores in the US to avoid potential regulatory issues. Miller says that the NDAs were signed by potential buyers in the divestment process. (adriano.marchese@wsj.com)

(END) Dow Jones Newswires

March 19, 2025 09:50 ET (13:50 GMT)

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