August 22, 2016 / 11:22 AM / a year ago

BRIEF-Couche-Tard to merge with CST Brands

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:

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