Competition heats up for potential sale of 7-Eleven chain

Nov. 13 (UPI) -- Canada-based Alimentation Couche-Tard isn't the only retail giant proposing to buy the 7-Eleven stores from its Japanese owner.

Japan-based Seven & i Holdings Co. representative director and President Ryuichi Isaka, in a notice regarding media reports on Wednesday, confirmed a new potential buyer recently submitted a "non-binding and confidential proposal" to buy 7-Eleven.

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