

Deep Dive: Why the $46 Billion Deal for 7-Eleven Really Fell Apart
17 snips Jul 20, 2025
Explore the collapse of a staggering $47 billion deal to acquire 7-Eleven, revealing deep cultural and economic tensions. Discover how Japan's attachment to its iconic brand played a crucial role in the negotiations. Delve into the complexities of corporate culture clashes and the challenges foreign investors face. This intriguing discussion highlights why some treasures are considered off-limits, showcasing the unique significance of 7-Eleven in Japan.
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7-Eleven's Japan Transformation
- 7-Eleven started in Dallas but is now owned by a Japanese conglomerate due to success in Japan. 7-Eleven Japan has more than twice the locations of the US despite a smaller country size.
Foreign Acquisition Foiled by Corporate Culture
- Couche-Tard tried to acquire 7&I for $47 billion to combine operational efficiencies and innovations. However, 7&I's leadership stonewalled, protecting their business culture from foreign influence.
Japanese Corporate Culture Resists Change
- Japanese corporate culture values stability and long-term legacy over quick profit and rapid shareholder returns. Shareholders support management even when activist investors propose change.