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Alimentation Couche Tard Inc (ATDb.TO)

ATDb.TO on Toronto Stock Exchange

60.57CAD
2 Dec 2016
Change (% chg)

$0.38 (+0.63%)
Prev Close
$60.19
Open
$60.21
Day's High
$61.60
Day's Low
$60.19
Volume
1,300,058
Avg. Vol
867,558
52-wk High
$68.63
52-wk Low
$51.21

Latest Key Developments (Source: Significant Developments)

Alimentation Couche-Tard Q1 earnings per share $0.57
Tuesday, 30 Aug 2016 08:47am EDT 

Alimentation Couche-tard Inc : Q1 earnings per share $0.57 . Q1 revenue $8.4 billion . Q1 earnings per share $0.58 excluding items . Qtrly same-store merchandise revenues up 2.4% in U.S., 4.9% in Europe and 0.9% in Canada . Tard Inc - on track when it comes to delivering on more than $125 million in cost synergies for the pantry . Q1 earnings per share view $0.58, revenue view $8.82 billion -- Thomson Reuters I/B/E/S . Tard - during Q1, transferred 50 sites from dansk fuel to danish unit,converted those 50 sites to co-operated model . Tard Inc - expect that transfer and conversion of remaining 77 sites will be completed by end of Q3 of fiscal year 2017 .Qtrly revenue $8.42 billion versus $8.98 billion.  Full Article

Couche-Tard buys 53 sites in Louisiana
Monday, 29 Aug 2016 08:29am EDT 

Alimentation Couche-tard Inc : Couche-Tard buys 53 sites in Louisiana . Parties have agreed not to disclose purchase price for this acquisition . Tard Inc - acquisition will be financed from Couche-Tard's available cash and existing credit facilities . Says transaction is anticipated to close in Q3 of Couche-Tard's fiscal year 2017 .Tard - following the deal , all of stores would be rebranded and operated under Circle K brand by Co's U.S. Division of Gulf Coast Region.  Full Article

Cst Brands to pay a termination fee of $133 million to Alimentation Couche-Tard
Tuesday, 23 Aug 2016 06:49am EDT 

Cst Brands Inc:Upon termination of deal under some circumstances, will be required to pay a termination fee of $133 million to Alimentation Couche-Tard.  Full Article

Alimentation Couche-Tard says will continue to look at tuck in acquisitions - Conf call
Monday, 22 Aug 2016 02:07pm EDT 

Alimentation Couche-Tard Inc: Says will continue to look at tuck in acquisitions - Conference call . Expects annual pre-tax cost synergies of $150m-$200m be realized 24-36 months after closing . Expects EPS accretion to reach 40-50 cents during third year following the acquisition . "we do not intend to issue equity in connection with this transaction" . By the end of 2nd year post acquisition we expects more than $1.2 billion in free cash flow Further company coverage: [ATDb.TO] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Couche-Tard to buy CST's interest in CrossAmerica as part of merger with CST
Monday, 22 Aug 2016 07:10am EDT 

CrossAmerica Partners: CrossAmerica Partners LP: owner of CrossAmerica Partners LP's general partner, CST Brands Inc, enters into merger agreement with Alimentation Couche-Tard Inc. .Couche-Tard will, through its buy of CST, acquire CST's interest in CrossAmerica and associated incentive distribution rights.  Full Article

CST Brands says to merge with Alimentation Couche-Tard Inc
Monday, 22 Aug 2016 07:00am EDT 

CST Brands Inc : Announces merger agreement with Alimentation Couche-Tard Inc in a $4.4 billion cash merger transaction . CST Brands, Inc. announces merger agreement with Alimentation Couche-Tard Inc. in a $4.4 billion cash merger transaction . Deal for $48.53 per share in cash . Couche-Tard expects to finance transaction with available cash, its existing credit facilities and a new term loan . Upon completion of transaction, Circle K will establish a new business unit in san antonio with attached shared services operations .Transaction is currently expected to close early calendar year 2017.  Full Article

Couche-Tard to merge with CST Brands
Monday, 22 Aug 2016 07:00am EDT 

Alimentation Couche-Tard : Couche-Tard announces definitive merger agreement with CST Brands, Inc. . Couche-Tard Inc - Couche-Tard intends to use proceeds from sale to repay part of its credit facilities . Couche-Tard-Entered into deal with Parkland Fuel Corp to which it would sell certain Canadian assets of CST after merger for approximately US$ 750 million .Couche-Tard Inc - upon completion of deal, co would establish a new business unit in San Antonio with attached shared services operations.  Full Article

Alimentation Couche-Tard Inc - In discussions with third parties regarding possible business transactions
Tuesday, 16 Aug 2016 03:25pm EDT 

Alimentation Couche-tard Inc : Alimentation Couche-tard Inc - It is in discussions with third parties regarding possible business transactions .Says "No formal agreements have been reached".  Full Article

Alimentation Couche-Tard posts Q4 adj. earnings $0.39/shr
Tuesday, 12 Jul 2016 08:32am EDT 

Alimentation Couche-tard Inc : Alimentation couche-tard announces its results for its fourth quarter and fiscal year 2016 . Q4 earnings per share $0.36 . Q4 earnings per share $0.39 excluding items . Qtrly same-store merchandise revenues up 3.2 pct in U.S., 2.2 pct in Europe and 2.2 pct in Canada . Q4 earnings per share $0.39 excluding items . Tard Inc - quarterly dividend increase nearly 15 pct to CA 7.75¢ . Q4 revenue $7.4 billion, up 1.5 percent .Q4 earnings per share view $0.38, revenue view $8.11 billion -- Thomson Reuters I/B/E/S.  Full Article

Alimentation Couche-Tard buys assets of Premium 7 Network
Monday, 20 Jun 2016 07:00am EDT 

Alimentation Couche-tard Inc : Buys assets of Premium 7 Network in Estonia . Acquisition will be financed from Alimentation Couche-Tard's available cash and existing credit facilities . Parties have agreed not to disclose purchase price for this acquisition .Following acquisition, all sites would be operated under Statoil brand.  Full Article

Engine Capital seeks sale of Del Frisco's steakhouse chain: sources

Del Frisco's Restaurant Group Inc is under pressure from an activist shareholder to launch a quick turnaround of the company's performance or seek to sell the steak house chain, according to people familiar with the matter.