Previous Close | 10.70 |
Open | 10.29 |
Bid | 10.20 |
Ask | 10.35 |
Strike | 40.00 |
Expire Date | 2026-01-16 |
Day's Range | 10.28 - 10.29 |
Contract Range | N/A |
Volume | |
Open Interest | 2.1k |
A Couche-Tard takeover of 7-Eleven owner Seven & i would position the combined convenience store chain to dominate U.S. cigarette sales and try to push tobacco companies for better prices and promotions - including on fast-growing nicotine pouches like ZYN. Canada's Alimentation Couche-Tard remains keen on a buyout after Japan's Seven & i rejected its acquisition proposal as too low, and it remains unclear if the deal will go ahead. If the two players were to combine, the new U.S. chain's size may offer greater bargaining power with cigarette manufacturers like Altria and British American Tobacco.
Altria (MO) closed at $49.98 in the latest trading session, marking a -1.21% move from the prior day.
BLK acquires Global Infrastructure Partners, creating a multi-asset class infrastructure investing platform with a combined client AUM of more than $150 billion.