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Couche-Tard pulls plug on 7-Eleven takeover bid

Circle K chain owner says chain's owners 'have not been open to any conversation'
Couche-Tard, the Quebec-based owner of the Circle K convenience store chain, has ended in its bid to acquire the 85,000 stores of the 7-Eleven chain. (CoStar)
Couche-Tard, the Quebec-based owner of the Circle K convenience store chain, has ended in its bid to acquire the 85,000 stores of the 7-Eleven chain. (CoStar)

Couche-Tard is putting its bid for 7-Eleven back on the shelf. The Quebec-based retailer says it's withdrawing its offer to take over the much-larger convenience store chain owned by Japan’s Seven & i Holdings.

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