CANADA: Couche-Tard closes acquisition of US convenience store chain
Alimentation Couche-Tard, the leader in the Canadian convenience store industry, has closed the acquisition of the assets of Hudson, Ohio-based Dairy Mart Convenience Stores. In a deal conducted through its US subsidiary Mac's Convenience Stores, Laval, Quebec-based Couche-Tard paid US$79.5m for 287 Dairy Mart stores, a figure that includes US$13.5m for the inventories of these stores.
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