Brief: Crossamerica Announces Pending Acquisition Of Assets Of Community Service Stations

Crossamerica Partners LP

24/08/2022 21:28

Aug 24 (Reuters) - Crossamerica Partners Lp  CAPL.N :
    * CROSSAMERICA ANNOUNCES PENDING ACQUISITION OF ASSETS OF
COMMUNITY SERVICE STATIONS
    * TERMS OF TRANSACTION WERE APPROVED BY BOARD OF DIRECTORS
OF
GENERAL PARTNER OF CROSSAMERICA
    * TO ACQUIRE WHOLESALE FUEL SUPPLY PORTFOLIO IN GREATER
BOSTON
AREA
    * SUPPLY CONTRACTS INCLUDE APPROXIMATELY 75 MILLION GALLONS
OF
FUEL ANNUALLY
    * CROSSAMERICA PARTNERS-ANTICIPATED THAT ACQUISITION WILL BE
FINANCED WITH CASH ON HAND AND/OR UNDRAWN CAPACITY UNDER CO'S
REVOLVING CREDIT FACILITY

Source text for Eikon:  ID:nGNX98xnQy 
Further company coverage:  CAPL.N 

 ((Reuters.Briefs@thomsonreuters.com;))