Alimentation Couche-Tard's stock (TSE:ATD) gains a fractional boost despite failed deal with Seven & i.

Alimentation Couche-Tard's (TSE:ATD) stock rose after Seven & i pushed back against Couche-Tard's claims that Seven & i scuttled the failed merger. Seven & i called Couche-Tard's remarks "highly misleading" and accused Couche-Tard of acting recklessly. Analysts have a Strong Buy consensus rating on TSE:ATD stock, with a 7.29% loss in its share price over the past three months.

In a significant development, Seven & i Holdings Co. Ltd. has pushed back against Alimentation Couche-Tard Inc.'s allegations that the Japanese retailer scuttled the failed merger. In a letter issued on July 23, 2025, Seven & i's special board committee characterized Couche-Tard's claims as "highly misleading" and accused the Canadian company of acting recklessly [1].

Seven & i maintained that it consistently engaged in good faith throughout the negotiation process. The Japanese retailer also accused Couche-Tard of not taking competition concerns seriously and failing to present a credible plan for addressing these issues. Given the scale of the two convenience store chains, Seven & i noted that regulators would likely require a "very significant divestiture" before approving a deal, but Couche-Tard was unable to provide a plan for such a divestment [1].

Couche-Tard had expressed frustration over delays, lack of transparency, and unproductive meetings, accusing Seven & i of a calculated campaign of obfuscation and delay [3]. However, Seven & i countered that Couche-Tard's governance was not up to the task and perhaps did not properly understand the Japanese market.

Following this development, Alimentation Couche-Tard's stock (TSE:ATD) rose on July 23, 2025. Analysts have a Strong Buy consensus rating on the stock, with a 7.29% loss in its share price over the past three months [4]. The rise in stock price can be attributed to the positive analyst sentiment and the potential resolution of the merger dispute.

References:

[1] https://ca.finance.yahoo.com/news/seven-pushes-back-against-couche-144943938.html
[2] https://www.investing.com/news/stock-market-news/couchetard-pulls-47-billion-bid-for-japans-seven--i-4138706
[3] https://www.marketscreener.com/news/couche-tard-abandons-bid-to-acquire-seven-i-ce7c5cd9d08bf525
[4] https://www.tipranks.com/stocks/tse:atd/forecast