Couche-Tard bites the dust on Speedway

Couche-Tard mord la poussière concernant Speedway

Couche-Tard will have to wait before taking the expansion in the United States, because the chain of service stations in Speedway, Marathon Petroleum will be purchased by the conglomerate japanese Seven & i Holdings.

The company, japan which holds the banner 7-Eleven has agreed to pay 21 billion US dollars, has reported Bloomberg News on Sunday. The biggest player in the world in the field of convenience stores, Seven & i Holdings adds 3900 stores.

Since the beginning of the year, rumours that the u.s. petroleum Marathon to divest itself of the convenience stores Speedway to the highest bidder would go into long dissertations. Couche-Tard could have been part of the suitors, even if she has never officially confirmed his desire to buy a Speedway.

This is not the first time this year, the quebec-based company is not going forward for a channel that interested him.

She had paused in April, its transaction to swallow Caltex Australia.

The chain of convenience stores Laval has stated that it wishes to double its size and achieve a turnover, by 2023, to$100 billion.

In 2017, Couche-Tard had bought the chain of convenience stores, CST Brands and Holiday in the United States. The company had paid almost$6 billion.

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