Seven & i Holdings has brought on Japan’s biggest investment bank to advise its board in preparation for a potential takeover battle with Canada’s Alimentation Couche-Tard, whose opening $39bn bid for the 7-Eleven owner was rejected.
Nomura was recently appointed as an adviser to Seven & i’s special committee of independent board directors set up to examine the takeover offer for the world’s largest convenience store chain, according to three people with knowledge of the situation.
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