Circle K owner ACT has posted strong revenues. (Photo by Jakub Porzycki/NurPhoto via Getty Images) NurPhoto via Getty Images. Adjusted net earnings attributable to shareholders were approximately ...

The Canadian owner of Circle K convenience stores has made a bid to buy 7-Eleven in what would be the biggest foreign takeover of a Japanese company on record.

The operator of 7-Eleven has rejected an opening offer from the owner of convenience store rival Circle K, indicating the bid was too low and that its global business was worth more.

“You have truly made our 48 years in business unforgettable.” Circle K was founded in 1952 in El Paso, Texas. Since 2003, when it was acquired by the Canadian company Alimentation Couche-Tard, ...