Mergers & Acquisitions News
C-store executives praise team, brand
SAN ANTONIO -- Kim Lubel, president and CEO of CST Brands Inc., left the convenience-store retailer on June 28, the day the company’s acquisition by Alimentation Couche-Tard Inc. closed, the Laval, Quebec-based acquirer told CSP Daily News . In August 2016, Couche-Tard said it would acquire CST for...
Agency also approves sale of Parkland assets
OTTAWA, Ontario -- The Canadian Competition Bureau has reached separate agreements with Alimentation Couche-Tard Inc. and Parkland Industries Ltd. to address competition concerns arising from Couche-Tard’s purchase of CST Brands Inc. and the sale of the majority of CST’s Canadian assets to Parkland...
Transaction expands geographic footprint into a new state
DALLAS -- Empire Petroleum Partners LLC’s asset purchase agreement with Alimentation Couche-Tard Inc.’s Circle K Stores Inc. and CST Brands Inc. to acquire 70 Corner Store gas stations “represents the largest acquisition in the company’s history,” said Nandit Gandhi, chairman of Empire’s board of...
Divestiture order requires retail giant to sell these c-stores in eight states
Texas takes top spot for most new stores in monthly count
What will it mean at the pump?
Bouchard hints at strategy, location for next major acquisition