Mergers & Acquisitions News

Mergers & acquisitions news affecting the convenience store industry

Drug chain narrows store range for Rite Aid deal as potential suitors emerge

DEERFIELD, Ill. -- To alleviate antitrust concerns over the pending $17. 2 billion acquisition of Rite Aid Corp., Walgreens Boots Alliance Inc. said it is “exploring potential divestiture remedies” for the drug chain’s stores. At the same time, media reports indicate that Kroger may be interested...

This edition of New Convenience-Store Roundup features convenience-store openings, closings and stores under new ownership for the month of August 2016

Purchaser First Coast Energy plans to rebuild locations, incorporate Daily’s concept

JACKSONVILLE, Fla., and ASHEVILLE, N.C. -- First Coast Energy paid $10 million for more than a dozen Mountain Energy properties in North Carolina’s Buncombe County, the Citizen-Times reported. The purchase is part of an acquisition deal between Jacksonville, Fla.-based First Coast Energy and...

‘We’re still in learning mode,’ CEO says, with 10-store East Coast test

Canadian Competition Bureau requires company to divest only two sites
Retailer entering Ohio; new distribution center opens doors for expansion
Jiffi Stop will join retailer's collection of former Road Ranger and Gas-Mart sites.
Will new company rethink U.S. market?
First Coast Energy acquiring 20 c-stores, other businesses
Couche-Tard acquiring Louisiana retailer’s 53 locations

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