Alimentation Couche-Tard Inc. announced that it has signed, through its wholly owned indirect subsidiary, Mac's Convenience Stores LLC, an agreement to acquire 29 stores, 25 stores are located in Illinois, three in Missouri and one in Oklahoma.
Alimentation Couche-Tard, parent of Circle K Stores, has signed an agreement to acquire up to 322 sites, plus an additional 65 reseller contracts, in Southern California, from ExxonMobil Corp.
Canadian c-store operator Alimentation Couche-Tard reported Thursday that net income for its fiscal third quarter rose 29.6% to $71 million, compared with $54.8 million in the year-ago period.
Casey's General Stores reported on Wednesday that the costs of its recapitalization plan and its defense against hostile bids by competitor Canada’s Alimentation Couche-Tard take a bite out of its second-quarter net income.