7-Eleven Inc. bids US$2 billion for Casey’s General Stores: report

in BEI Index,IDX,Indonesia Shares,Indonesia Stock Market

(ChinaPost.com.tw) – Convenience store operator 7-Eleven Inc. is the mystery bidder for Casey’s General Stores Inc. that is trying to top a Canadian rival, according to a published report. Casey’s, based in Ankeny, Iowa, operates a chain of convenience stores in the Midwest. It has rejected several offers by Canadian company Alimentation Couche-Tard Inc., including the latest bid of US$38.50 a share, which it shot down Tuesday.

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