TOKYO — The Japanese owner of 7-Eleven said Monday it had agreed to jointly explore store sell-offs with a Canadian rival to address antitrust concerns ahead of a potential merger.

It comes just days after Seven & i — which for two decades has wholly owned 7-Eleven, the world's biggest convenience store brand — announced measures including a huge share buyback to fend off a takeover from Canada's Alimentation Couche-Tard (ACT).

Register to read this story and more for free.

Signing up for an account helps us improve your browsing experience.

Continue

OR

See our subscription options.

Already have an account? Log in here