The US FTC challenges a merger in what it defines as markets for the retail sale of gasoline and the retail sale of diesel and requires divestitures in 10 local geographic markets (Alimentation Couche-Tard / Holiday)

THE LATEST: FTC CHALLENGES RETAIL FUEL STATION AND CONVENIENCE STORE TRANSACTION— REQUIRES TEN LOCALIZED DIVESTITURES IN WISCONSIN AND MINNESOTA* WHAT HAPPENED: Alimentation Couche-Tard Inc. (ACT) and its subsidiaries (including Circle K Stores, Inc.) are engaged in the retail sale of gasoline and diesel fuel in the United States, as well as in the operation of convenience stores. ACT is the largest convenience store operator in terms of company-owned stores and is the second-largest chain overall in the United States. Pursuant to an Equity Purchase Agreements, dated July 10, 2017, ACT would acquire, through its

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Authors

  • McDermott Will & Emery (Washington)
  • McDermott Will & Emery (Brussels)
  • McDermott Will & Emery (Dusseldorf)
  • McDermott Will & Emery (Washington)
  • McDermott Will & Emery (Brussels)

Quotation

Gregory E. Heltzer, Andrea L. Hamilton, Christian Krohs, Daniel Powers, David Henry, The US FTC challenges a merger in what it defines as markets for the retail sale of gasoline and the retail sale of diesel and requires divestitures in 10 local geographic markets (Alimentation Couche-Tard / Holiday), 28 December 2017, e-Competitions Merger Remedies, Art. N° 93325

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