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BRIEF-Couche-Tard announces agreement for acquisition of Holiday in U.S.

Published 2017-07-10, 05:36 p/m
BRIEF-Couche-Tard announces having signed agreement for acquisition of Holiday in the upper Midwest U.S. Region
ATDb
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July 10 (Reuters) - Alimentation Couche Tard Inc ATDb.TO :

* Couche-Tard announces having signed an agreement for the acquisition of Holiday an important convenience store player in the upper midwest U.S. Region

* Alimentation Couche Tard Inc - COUCHE-TARD intends to continue Holiday's operational base at Holiday corporate headquarters in Bloomington, Minnesota.

* Alimentation Couche Tard Inc says corporation expects to finance transaction by using its available cash and existing credit facilities

* Alimentation Couche Tard Inc - acquired business is expected to generate ebitda ranging between $180 million and $190 million on annual basis, before synergies

* Alimentation Couche Tard Inc - intends to continue Holiday's operational base at Holiday corporate headquarters in Bloomington, Minnesota

* Alimentation Couche Tard - co, holiday cos signed confidentiality agreement precluding them from disclosing purchase price at this time for the acquisition Source text for Eikon: ID:nCNWhKzdga Further company coverage: ATDb.TO

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