Japanese convenience store giant Seven & i plans to buy back its own shares and exit the stock market, in order to escape a takeover attempt by its Canadian rival Couche-Tardreported the Japanese media outlet Nikkei on Wednesday November 13. Seven & i Holdings, owner of the popular Seven-Eleven convenience stores, “intends to become an unlisted company, as a countermeasure.” to the proposed takeover of Couche-Tard, explained the daily, citing sources close to the company. Couche-Tard’s offer, rejected by Seven & i, would value the Japanese group at $47 billion.