Poland: Alimentation Couche-Tard to acquire controlling stake in Zabka Group
Alimentation Couche-Tard, the Canadian convenience and mobility retailer, has announced an agreement to acquire a controlling stake in Zabka Group, Poland’s largest convenience retailer. Through its wholly owned subsidiary Circle K Polska, Couche-Tard will initiate a voluntary tender offer at 32.00 PLN ($8.48) per share, valuing Zabka’s total equity at approximately 32.62 billion PLN ($8.6 billion). Key […]
Canada: Couche-Tard acquires CST Brands for $4.4 billion
Canada’s biggest convenience store company Couche-Tard has acquired rival chain CST Brands Inc. for $4.4 billion, according to a report in the Financial Post. The acquisition, which is the fourth secured by the Canadian company this year, represents the largest in its history and aims to strengthen the firm’s presence in Texas, USA and eastern Canada. Commenting on […]