Canadian convenience-store operator Alimentation Couche-Tard Inc. shares rose as much as 1.7% after it agreed to buy almost 2,200 gasoline stations in Europe from TotalEnergies SE for €3.1 billion ($3.3 billion).
The owner of the Circle K chain said Thursday it made a firm offer for all of the French oil company’s retail assets in Germany and the Netherlands, as well as a 60% stake in the businesses in Belgium and Luxembourg.