Canadian Company Alimentation Couche-Tard Bids for Polish Retail Chain Żabka
Canadian convenience store giant Alimentation Couche-Tard has launched a €7.5 billion bid to acquire the Polish convenience store chain Żabka. This move follows the withdrawal of Japanese interest and marks a significant potential expansion for the Canadian company into the European market.
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Couche-Tard CEO Expects Żabka Shareholder Pressure to Raise Bid
The head of Alimentation Couche-Tard Inc. said he expects pushback from some Żabka Group SA shareholders on the Canadian company’s $8.7 billion takeover offer, but is still confident about getting the deal done.
By Mathieu Dion
Read full article →First 7-Eleven, now Zabka: Canadian convenience giant Alimentation Couche-Tard eyes takeover of Polish rival
The Laval, Que.-based owner of Couche-Tard and Circle K stores announced Friday that it made an offer valued at more than $12 billion to buy Polish convenience store operator Zabka Group. The play comes after Alimentation Couche-Tard tried, but failed, to buy the parent company of 7-Eleven for more than a year.
Read full article →Canadian company launches €7.5 billion bid for Polish convenience store chain Żabka
The convenience store operator Alimentation Couche-Tard has already secured majority shareholder support.
By Alicja Ptak
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