Mergers & Acquisitions News

Mergers & acquisitions news affecting the convenience store industry

Gains three refineries, SuperAmerica stores and more with Western Refining acquisition

Deal creates highly integrated, geographically diversified refining, marketing and logistics company

SAN ANTONIO and EL PASO, Texas -- Tesoro Corp. and Western Refining Inc. have announced a definitive agreement under which Tesoro will acquire Western Refining for $37.30 per share in a stock transaction valued at $4.1 billion based on Tesoro's closing stock price of $85.74 on Nov. 16, 2016. This...

Pending regulatory approvals, companies expect deal to close in early 2017

SAN ANTONIO -- Bringing the process another step closer to completion, CST Brands Inc. stockholders approved at a special meeting on Nov. 16 the previously announced merger agreement with a U.S. subsidiary of Alimentation Couche-Tard Inc. Couche-Tard announced in August its intention to acquire CST...

Retailer issues results of stockholders’ vote
Begins operating 170 c-stores, tobacco shops in Michigan and Indiana
Deal better positions refiner/marketer to move ahead on Alon USA acquisition
Real-estate, private-equity firm begins to build c-store portfolio, aiming for 400 stores

Alain Bouchard is known for successful acquisitions; what did he learn from the ones that weren’t?

Deal gives retailer its first sites in Wyoming
Company already making plans to expand statewide