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David Olive: The Faceoff: Quebec-based Couche-Tard is clamouring to grow — but its takeover of French big-box store Carrefour was put on ice by the French government

... hammered the stock of Alimentation Couche Tard Inc. ATD.T on Jan. 13, ... middle of a turnaround. And Couche Tard “Night Owl” in English has no expertise in Carrefour’s principal business of...
Business

Couche-Tard to chase other deals after Carrefour failure

Executives at Alimentation Couche Tard Inc. defended a failed bid... caught investors off guard because Couche Tard does not operate supermarkets... to criticism of the deal, Couche Tard executive chairman Alain Bouchard...
Business

Alimentations Couche-Tard, Carrefour consider partnerships after takeover talks end

LAVAL, Que. Alimentation Couche–Tard Inc. and the French grocer... minister Bruno Le Maire told Couche Tard founder Alain Boucher on... food security at stake. Now Couche Tard and Carrefour say...
Business

Couche-Tard seeks to rescue Carrefour bid as French government threatens veto

Alimentation Couche Tard Inc.’s top executives are in... with the situation. Other pledges include preserving jobs for two... 4 40 p.m. Paris time Friday. Couche Tard’s offer is for 20... Despite Le...
Business

Quebec convenience-store giant’s bid for supermarket chain puzzles investors

... update to investors about Alimentation Couche Tard Inc.’s hunt for a major... any cost. “As you know, Couche Tard doesn’t seek to make... to date and thrust Quebec based Couche Tard into large...
Business

Billionaire Arnault would take hit from Carrefour stake sale

... grocer’s purchase by Canada’s Alimentation Couche Tard Inc. goes through. Arnault, who... he invested in the company. Couche Tard is offering 20 euros... 1.5 billion euros $1.8 billion . Couche Tard is offering...
Business

Couche-Tard makes $25B offer for French-based grocery chain Carrefour

LAVAL, Que. Alimentation Couche Tard Inc. has made a non binding... 20 euros per Carrefour share. Couche Tard says the terms of... Romania, Brazil, Argentina and Taiwan. Couche Tard operates convenience stores...
Business

David Olive: How billions in investment sparked a turnaround in the fortunes of Canada’s electric vehicle future

... of EVs is expected to increase to as many as... production. But much has changed since then. And much more... on that later. What changed since 2018 is that...
Business

Supplier fears intensify as major grocer group demands match of any discount given to Walmart

... an infrastructure upgrade. United Grocers Inc., a national buying group... deals on behalf of Metro Inc., Save on Foods, Longo’s, Alimentation Couche Tard Inc.,  and other retailers, told suppliers......
Business

Cannabis retailer Fire & Flower unveils pilot stores in Circle K partnership

. Fire & Flower Holdings Inc. has unveiled the first... Its partner is Quebec based Alimentation Couche Tard Inc., which acquired 9.9 per... July 2019 with options to increase its stake...
Business

Couche-Tard beats estimates despite lack of pedestrian, auto traffic

Alimentation Couche Tard Inc.’s quarterly results beat estimates... food and essential items’ retailers, Couche Tard was allowed to keep... soon tapered off as customers increasingly chose to stay at... data from...
Business

Alimentation Couche-Tard Q4 profits nearly doubles despite lower revenues

Alimentation Couche Tard Inc. beat expectations as it... a year earlier. “This year, Couche Tard became a better, and... businesses.“ Reporting in U.S. dollars, Couche Tard results were affected by... purchasing more...
Business

Canadian retail sales in March saw worst drop on record — and that’s just the start

... sector’s sales volumes haven’t grown since the third quarter of... liquor  — had year over year sales increases of between 20 and... in year over year sales. But Alimentation Couche Tard Inc., owners of...
Business

Economic shutdown forces dealmakers to play short-term hardball as long-term changes loom

... purchase of competitor Remedy Holdings Inc., a transaction that would... tone change so quickly, ” the principal at Origin said recently... managers and investors alike, especially since the deals that...
Business

David Olive: Stocks that can emerge stronger than ever from COVID-19

... stocks listed below have actually increased in value during the... stretch of miserly returns on fixed income investments. These aren’t stocks... coronavirus crisis has passed. Alimentation Couche Tard Inc., based in...
Business

Couche-Tard drops $5.6-billion bid for Caltex Australia

... prompted Canadian convenience store giant Alimentation Couche Tard Inc. to walk away from... fuel retailer Caltex Australia Ltd. Couche Tard decided against a revised... the world is highly uncertain, ” Couche Tard said in...
Business

Hardest hit consumer-facing stocks could take nearly five years to recover: CIBC

... grocers Loblaw Companies Ltd., Metro Inc. and Empire Company Limited, ... fortunate. Companies such as BRP Inc., Leon’s Furniture Ltd. and Sleep Country Canada Holdings Inc. will need 4.5 years......
Business

Hurricanes and floods have prepared Alimentation Couche-Tard for COVID-19: CEO

LAVAL, Que. Alimentation Couche Tard Inc. says its experience adjusting... may arise from struggling competitors. Couche Tard also says it is......
Business

Alimentation Couche-Tard boosts dividend 12 per cent on higher Q3 profits

LAVAL, Que. Alimentation Couche Tard Inc. is boosting its quarterly... operator says its payout will increase to seven cents Cdn per share from 6.25 cents. Couche Tard reported that its...
Business

Brookfield halts $2-billion sale of Australian coal port due to coronavirus: sources

... dual track process, which also includes the prospect of an... strongly in 2020 after Alimentation Couche Tard Inc increased its bid a third... will be dispersed to the provinces to...