$ZABKY

Alimentation Couche-Tard, owner of Couche-Tard and Circle K, announced a voluntary tender offer to buy a controlling stake in Poland’s Zabka Group. Couche-Tard offered 32 zloty per share, valuing the deal at over $12 billion (about $11.90 Cdn). It expects about $250 million US in cost savings within three years; closing is expected by December, subject to regulators.

Zabka Group earnings call highlights focused on a proposed acquisition by Kushtart. Kushtart CEO Alex Miller said 57% irrevocable commitments give a controlling stake and the PLN 32 per share tender price would not be adjusted for the dividend, which is paid as planned. CFO Marta Wrochna-Lastowska cited margin drivers including supplier terms, logistics efficiencies, and lower inflation.

Alimentation Couche-Tard Inc. ATD-T is making a US$8.7-billion takeover play for Polish convenience retailer Zabka Group SA, building out a widening footprint in Europe with its biggest acquisition to date. The Laval, Que.-based company, which owns the Circle K chain, said Friday it will launch a voluntary tender offer for Zabka at a price of 32 Polish zloty or about US$8.48 per share. That’s a premium of about 9.4 per cent to its previous closing price.

Alimentation Couche-Tard Inc. (Couche-Tard), a global leader in convenience and mobility, today announced that it plans to acquire all of the issued and outstanding shares of Żabka Group (Żabka), Poland’s largest convenience retailer. Couche-Tard will initiate a voluntary tender offer through its wholly owned subsidiary, Circle K Polska, at a total equity value of around 8.6 billion USD.

Tesla considers sale of China business amid SpaceX merger speculation- WSJ Investing.com-- Circle K owner Alimentation Couche-Tard (TSX:ATD) said on Friday it would acquire Poland's Zabka Group (WA:ZAB) in a deal valued at about PLN 32.62 billion ($8.71 billion). The proposed deal would mark the largest acquisition in the Canadian convenience store operator's history and significantly expand its presence in Central and Eastern Europe.

Seven & i Holdings said it has ended discussions over a potential investment in Poland’s Zabka Group. The talks involved a stake of several tens of percent and a deal size that could have reached several hundred billion yen. Seven & i cited inability to agree on terms it deemed best for shareholders. Zabka trades on the Warsaw Stock Exchange.

Nikkei Asia reports Seven & i Holdings is in advanced talks to buy a stake of several tens of percent in Poland’s Zabka Group, purchasing from investment funds and existing shareholders. The deal is estimated at several hundred billion yen (hundreds of millions of dollars). Zabka has about 10,000 franchised outlets and 2025 revenue of 27.15bn zlotys. Seven & i also reported Q1 operating income of Y105bn and net income up 95.3% to Y60.6bn.

Seven & I said it is in talks to buy a stake in Poland’s Zabka Group, potentially involving several hundred billion yen, according to Nikkei. Seven & I shares rose 3% in Tokyo and Zabka shares jumped 11% in Warsaw. The deal would expand Seven & I beyond Japan and North America. Seven & I is also in talks for investments from SoftBank Corp and PayPay, Bloomberg reported.

Nikkei reported that Japan’s Seven & i Holdings (3382) is in final-stage talks to buy a several-tens-of-percent stake in Poland’s Zabka Group, a deal worth several hundred billion yen. Seven & i would expand beyond its Nordic footprint of about 360 stores. Zabka runs about 10,000 franchised stores and had 2025 revenue of 27.15 billion zloty. Seven & i shares rose over 5% after the report.

Seven & i Holdings shares rose more than 4% after a Nikkei report said it is nearing talks to buy a stake in Poland’s Zabka Group. The deal could be worth several hundred billion yen and would support Seven & i’s plan to expand its overseas convenience network. Zabka shares jumped 10.9% to a record high on Thursday.