Mergers & Acquisitions News

Mergers & acquisitions news affecting the convenience store industry

Companies announce unit-holder election results

EL PASO, Texas -- Western Refining Inc. and Northern Tier Energy LP have announced the preliminary results of the elections made by Northern Tier common unit-holders regarding their preference as to the form of their merger consideration for Western Refining’s pending acquisition of Northern Tier...

Adding Premium 7 retail assets in Estonia to growing Circle K network

LAVAL, Quebec -- Adding incrementally to its global retail network, Alimentation Couche-Tard Inc., through its wholly owned indirect subsidiary Circle K Eesti AS, has signed an agreement to purchase the majority of the assets operated under the Premium 7 brand from Sevenoil Est OÜ in Estonia. "This...

But could a deal still happen?

UPDATE (June 16, 2016) : TravelCenters of America LLC has confirmed that it received a non-binding letter from a private-equity firm in December 2015 asking to have confidential discussions about that firm possibly buying TA. “TA confirmed that the TA board of directors responded to that firm that...

Cumberland Farms CEO discusses strategy shift following sale of Gulf Oil
Will let the ‘big operators get bigger,' says company’s president.
Will rebrand locations to Minit Mart following upgrades

Kum & Go, Circle K, Speedy’s, QuickChek, Rutter’s, TA, Flying J, Stripes, Buc-ee’s, Sheetz, more

Leading companies have submitted bids, with another round to come
Asset acquisition expands distributors’ capabilities, scope
Proceeds from transaction will provide more ‘liquidity’