Brief: Alimentation Couche-Tard Announces Monetization Of Its Interest In Crossamerica Partners Lp And An Additional Exchange Of Assets

Crossamerica Partners LP

19/11/2019 21:07

Nov 19 (Reuters) - Alimentation Couche-Tard Inc  ATDb.TO :
    * ALIMENTATION COUCHE-TARD ANNOUNCES THE MONETIZATION OF ITS
INTEREST IN CROSSAMERICA PARTNERS LP AND AN ADDITIONAL EXCHANGE
OF ASSETS
    * ALIMENTATION COUCHE-TARD INC - SOLD ALL OF ITS OWNERSHIP
INTEREST IN CROSSAMERICA TO INVESTMENT ENTITIES CONTROLLED BY
JOE TOPPER
    * ALIMENTATION COUCHE-TARD INC - COUCHE-TARD & CROSSAMERICA
ALSO
ANNOUNCED SIGNING OF AN ADDITIONAL ASSET EXCHANGE TRANSACTION
AGREEMENT
    * ALIMENTATION - SOLD CROSSAMERICA INTEREST TO INVESTMENT
ENTITIES
CONTROLLED BY JOE TOPPER & BOARD MEMBER OF ITS GENERAL PARTNER,
FOR UNDISCLOSED AMOUNT
    * ALIMENTATION COUCHE-TARD  - WILL TRANSFER U.S. WHOLESALE
FUEL
SUPPLY CONTRACTS COVERING 387 SITES AND 45 FEE AND LEASEHOLD
PROPERTIES TO CROSSAMERICA
    * ALIMENTATION COUCHE-TARD INC - CROSSAMERICA WILL TRANSFER
ITS
17.5% LIMITED PARTNER INTEREST OWNERSHIP IN CST FUEL SUPPLY LP
TO COUCHE-TARD

Source text for Eikon:  ID:nPn6tQSP9a 
Further company coverage:  ATDb.TO 

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