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Couche-Tard Will Have to Raise Equity in Seven & I Bid: Analysts.
- Source :
- Bloomberg.com; 8/20/2024, pN.PAG-N.PAG, 1p
- Publication Year :
- 2024
-
Abstract
- Quebec-based convenience store operator Alimentation Couche-Tard Inc. is planning to acquire global rival Seven & i Holdings, but the deal will require significant financing and cost-cutting measures. Analysts estimate that Couche-Tard will need to raise between $12 billion and $18 billion in equity to cover the transaction price and maintain leverage. The deal could potentially result in a 30% increase in earnings per share for Couche-Tard. However, there are uncertainties surrounding the offer price, deal structure, and regulatory hurdles. The transaction could take up to two years to complete. Couche-Tard has a history of successful deals, but this acquisition represents a significant expansion into unfamiliar markets. [Extracted from the article]
- Subjects :
- STOCK prices
EARNINGS per share
MARKET pricing
PRICES
FINANCIAL markets
Subjects
Details
- Language :
- English
- Database :
- Complementary Index
- Journal :
- Bloomberg.com
- Publication Type :
- Periodical
- Accession number :
- 179103121