2024 Top Mergers and Acquisitions Deals: A Year in Review

In the past year, we witnessed some major merger-and-acquisition (M&A) deals in the convenience store industry. Big players like 7-Eleven, Couche-Tard, and Casey’s made moves to expand their reach, sparking interest from investors, competitors, and customers alike.

One of the most significant stories of the year revolves around 7-Eleven Inc.’s parent company. Speculation abounds as to whether they will stay independent, sell to Couche-Tard, or entertain a management buyout offer to go private.

Here are the top 10 M&A highlights of 2024, as reported by Convenience Store News:

1. Couche-Tard Executives Pursue Seven & i Holdings Co. Ltd.
Alimentation Couche-Tard Inc. made a splash with an unsolicited bid for Seven & i Holdings Co. Ltd., igniting rumors about the chain’s future. The reported $38 billion offer, later increased to $47 billion, led to a counteroffer from a member of Seven & i’s founding family. Additionally, Seven & i announced plans to split into two separate businesses to accelerate their transformation.

These developments point to a dynamic and ever-changing landscape in the world of convenience stores. Stay tuned for more exciting updates in the realm of finance and M&A.