by Property Forum
Alimentation Couche-Tard has announced a voluntary tender offer to acquire all issued and outstanding shares of Żabka Group, Poland's largest convenience retailer listed on the Warsaw Stock Exchange. The offer, to be made through its wholly owned subsidiary Circle K Polska sp. z.o.o., is priced at PLN 32.00 (equivalent of US$8.48) per share, representing a total equity value of approximately PLN 32.62 billion (equivalent of US$8.6 billion). The transaction, which Couche-Tard describes as the largest in its history, is expected to complete no later than December 2026, subject to regulatory approvals.
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