03 May 2022
According to a report by The Wall Street Journal, Couche-Tard and EG Group could potentially merge, with the latter valued at around US$16bn.
Where do the two businesses overlap?
The convenience market in the U.S is highly fragmented, with approx. 150,000 stores trading. Couche-Tard is the second largest operator with about 7,150 sites, while EG has approx. 1,700 stores. The merger could he...