Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers A > Headlines for Alimentation Couche-Tard Inc. > News item |
Alimentation Couche-Tard to draw on revolver for acquisition of Shell sites
By Sara Rosenberg
New York, Oct. 5 - Alimentation Couche-Tard Inc. plans on using borrowings under its revolving credit facility, along with cash on hand, to fund the acquisition of 236 sites from Shell Oil Products US and its affiliate Motiva Enterprises LLC, according to a company news release.
The transaction is expected to close before the end of the year and is subject to standard regulatory approvals and closing conditions.
Alimentation Couche-Tard is a Quebec-based convenience store operator.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.