BRIEF-Couche-Tard to merge with CST Brands

Mon Aug 22, 2016 7:21am EDT
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article
[-] Text [+]

Aug 22 (Reuters) - Alimentation Couche-Tard

* Couche-Tard announces definitive merger agreement with CST Brands, Inc.

* Couche-Tard Inc - Couche-Tard intends to use proceeds from sale to repay part of its credit facilities

* Couche-Tard-Entered into deal with Parkland Fuel Corp to which it would sell certain Canadian assets of CST after merger for approximately US$ 750 million

* Couche-Tard Inc - upon completion of deal, co would establish a new business unit in San Antonio with attached shared services operations Source text for Eikon: Further company coverage: