In the closing of the recent trading day, Altria (MO) stood at $49.84, denoting a +0.32% change from the preceding trading day.
Altria (MO) reachead $50.23 at the closing of the latest trading day, reflecting a +1.37% change compared to its last close.
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.