Couche-Tard $4.4 billion acquisition of CST

Overview:

• Canada's largest convenience story company Couche-Tard has acquired fellow retailer CST in a $4.4 billion deal.
• CST has locations in Canada, New York, Texas, and the US South.
• The deal is being financed through available cash, existing credit, and a new loan for Couche-Tard.
• Faegre Baker & Daniels (Jeff Brown, Doug Long, Jason Kimpel) and Davies Ward Phillips & Vineberg (Sebastien Theriault Richard Cherney, Olivier Desilets, Veronique Gaumond-Carignan) advised Couche-Tard.
• Wachtell Lipton Rosen & Katz (Lawrence Makow, Gordon Moodie, Gregory Pessin) advised CST.

Kurt Stumpo - Journalist - North America and the Caribbean