Business ,East Asia ,Asia ,World

Japanese 7-Eleven owner says rejected initial takeover offer from Canadian rival

On: September 6, 2024

In: Asia

TOKYO: &nbsp, The Japanese owner of 7-Eleven said on Friday ( Sep 6 ) it had rejected a takeover bid from retail giant Alimentation Couche-Tard (ACT), saying the proposal “grossly undervalues” the company. As the country’s biggest pleasure store string, 7-Eleven operates more than 85, 000 outlets worldwide. In aContinue Reading

China firms seek anti-dumping probe of EU pork imports

By: Jing Write

On: June 14, 2024

In: Asia

China’s businesses have formally requested an anti-dumping investigation into meat imports from the European Union, according to the state-backed Global Times, escalating tensions after the bloc imposed anti-subvention duties on Chinese-made electric vehicles. After Brussels imposed tariffs of up to 38.1 per share on EVs made in China to protectContinue Reading