Alimentation Couche-Tard to Acquire Controlling Stake in Żabka Group for Approximately US$8.6 Billion

Alimentation Couche-Tard Inc. (TSX: ATD) announced its plan to acquire all outstanding shares of Żabka Group (WSE: ZAB), Poland's largest convenience retailer, for approximately PLN 32.62 billion (US$8.6 billion). The transaction, which is the largest acquisition in Couche-Tard's history, is supported by Żabka's key executive managers and shareholders owning approximately 57% of Żabka's shares, including CVC Capital Partners and Partners Group. Żabka Group operates over 13,000 convenience stores across Poland and Romania.