Couche-Tard to Acquire Żabka in $8.6B Poland Deal
Alimentation Couche-Tard will acquire a controlling stake in Żabka Group via its Circle K Polska unit, launching a voluntary tender offer for all shares. The offer values Żabka at about PLN 32.62 billion (around US$8.6 billion) and is supported by managers and shareholders with roughly 57% of shares, including CVC and Partners Group. Żabka operates more than 13,000 convenience stores across Poland and Romania.