The Wall Street Journal reports that Canada-based Alimentation Couche-Tard has reached an agreement to acquire Exxon Mobil’s On The Road franchise system, which represents some 450 convenience stores around the country. In addition, Couche-Tard will buy 43 Exxon Mobil corporately owned stores in Arizona.
Terms of the deal were not disclosed.
The deal is expected to close in late May.
Terms of the deal were not disclosed.
The deal is expected to close in late May.
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