Alimentation Couche-Tard to buy Pantry in $1.7 bln deal
Dec 18 (Reuters) - Canadian convenience store operator Alimentation Couche-Tard Inc will buy U.S. convenience store chain The Pantry Inc for $1.7 billion, including debt.
The transaction is expected to close in the first half of 2015, Pantry said.
The Wall Street Journal reported on Wednesday that Pantry was nearing a deal to sell itself through an auction. (Reporting by Devika Krishna Kumar in Bengaluru; Editing by Kirti Pandey)
© Thomson Reuters 2017 All rights reserved.