ALIMENTATION COUCHE-TARD ANNOUNCES AGREEMENT TO ACQUIRE CONTROLLING STAKE IN ŻABKA GROUP AND LAUNCHES VOLUNTARY TENDER OFFER

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Alimentation Couche-Tard announced an agreement to acquire a controlling stake in Żabka Group through a voluntary tender offer. The deal values Żabka at about US$8.6 billion and would become Couche-Tard’s largest acquisition if completed. Żabka operates more than 13,000 convenience stores and runs a large digital retail ecosystem with loyalty, analytics, e-commerce, and foodservice capabilities. The transaction still needs regulatory approvals and is expected to close no later than December 2026 if conditions are met.

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