TOKYO: Alimentation Couche-Tard will not raise its offer again for the owner of 7-Eleven or launch a hostile bid, Japanese media on Friday (Nov 22) quoted executives from the Canadian firm as saying. Seven & i, owner of the world's biggest convenience store chain, has rejected a bid of nearly US$40 billion by Canada's Couche-Tard, which then hiked its offer 20 per cent. Last week, Seven & i said it was studying a counter-offer from the company's founding family reportedly worth 8 trillion yen (