Mergers & Acquisitions News

Mergers & acquisitions news affecting the convenience store industry

Delek U.S. strategic review of retail assets leads to sale

SANTIAGO, Chile, and BRENTWOOD, Tenn. -- Looking to enter the U.S. convenience-store arena, Compañía de Petróleos de Chile S.A. (COPEC) has entered into a definitive agreement with Delek U.S. Holdings Inc. for COPEC, through its U.S. subsidiary Copec Inc., to acquire 100% equity interest in Mapco...

Also showcases ‘upscale’ interior design, hints at customer service strategy

Editor’s Note: The Guess Corp. announced its intention in July to become a major player in the convenience-store industry. Several sources have questioned the legitimacy of the company to CSP Daily News, as previously reported . We continue to cover news from the company but offer the caveat that...

Completes sale of nonstrategic retail sites to Mirabito

WALTHAM, Mass. – As part of an effort to convert nonstrategic retail outlets into capital for acquisitions, Global Partners LP has completed the previously announced sale of 30 nonstrategic convenience stores in New York and Pennsylvania to Mirabito Holdings Inc. for approximately $40 million. The...

CST’s top executive focusing on running business, making smooth transition
Hannasch, Lubel reflect on deal, brands, integration of Corner Stores
New player reveals image, design for its new and renovated convenience stores
Analysts, shareholders parse transaction, weigh in on price
‘Size matters,’ despite divesting some assets to satisfy Competition Bureau
Adds Ultramar fuel brand, dealers, cardlocks, c-stores, more with Couche-Tard deal
One owner to exit convenience-store business