7-Eleven Japan has increased its offer to buy its US subsidiary 7-Eleven US to $37.50 per share.
Last month the Japanese c-store chain launched a $1.2bn cash tender offer to buy the 27.3% stake it does not already own in 7-Eleven US.
7-Eleven US unanimously decided to reject the original offer last month after, stating that the tender offer price was inadequate.
Last month the Japanese c-store chain launched a $1.2bn cash tender offer to buy the 27.3% stake it does not already own in 7-Eleven US.
7-Eleven US unanimously decided to reject the original offer last month after, stating that the tender offer price was inadequate.
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