Couche-Tard Agrees to Buy CST Brands for Almost $4 Billion

  • Acquisition expands foothold in Texas and eastern Canada
  • Price represents premium of 42% since buyout speculation began

Alimentation Couche-Tard Inc. agreed to buy the gas-station chain CST Brands Inc. for almost $4 billion, using its biggest-ever acquisition to expand in Texas and eastern Canada.

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