Mergers & Acquisitions News
Retailer schedules special meeting for stockholders to vote
SAN ANTONIO -- Chairman, CEO and president Kim Lubel said CST Brands Inc. is “one step closer to completing the merger with Circle K” with the filing of the definitive proxy statement with the U.S. Securities and Exchange Commission (SEC). The filing officially sets the date, Nov. 16, for the...
Can the c-store industry maintain the major deals and steep multiples of the past six months?
Retaining option, but doesn’t want to part with 'contributing' business
CALGARY, Alberta -- Despite reports to the contrary, Suncor Energy Inc.’s Petro-Canada gas station and convenience-store chain is not part of the oil producer’s asset sale plan as the business seeks diversification and looks to monetize assets, according to a Bloomberg report . “Retail is part of...
Plan balances 'quantity’ and ‘quality’; will add more than 1,000 c-stores in North America