Core Viewpoint - The acquisition proposal by ACT for 7-11's parent company, SEVEN & I Holdings, is positioned as beneficial for both parties' growth, with a significant offer of approximately 7 trillion yen [1][2]. Group 1: Acquisition Proposal - ACT has made a non-binding acquisition proposal of about 7 trillion yen for SEVEN & I Holdings, emphasizing the potential for mutual growth [1][2]. - ACT's CEO, Alex Miller, stated that the merger would create a global retail network with over 100,000 stores, and there are plans to invest in store and IT development without closing stores or layoffs [2]. - ACT's founder, Alain Bouchard, expressed a strong commitment to the acquisition, stating that they would not consider a hostile takeover and would not withdraw the proposal despite lengthy negotiations [1][2]. Group 2: Regulatory and Strategic Challenges - There are significant disagreements between ACT and SEVEN & I Holdings regarding the handling of U.S. antitrust regulations, with ACT claiming to have proposed solutions while SEVEN & I Holdings has not found them satisfactory [4]. - SEVEN & I Holdings is focusing on its independent growth strategy, including a 2 trillion yen stock buyback plan and plans for an IPO of its U.S. convenience store subsidiary, aiming for a sales target of over 30 trillion yen by 2030 [2][4]. Group 3: Internal Changes and Market Response - SEVEN & I Holdings has experienced internal turmoil, with the resignation of key executives, including the head of North American operations, which is considered unusual for a Japanese listed company [5]. - As the annual shareholders' meeting approaches, SEVEN & I Holdings is expected to make a final decision on the acquisition proposal, with market reactions remaining lukewarm, as its stock price is about 2,200 yen, approximately 20% lower than ACT's offer [4][5].