Couche-Tard, CrossAmerica swap assets worth $184.5 mil

摘要

Convenience store giant Alimentation Couche-Tard isswapping $184.5 million in properties with CrossAmericaPartners LP, which it controls.Under the agreement, Couche-Tard is selling 192U.S. company-operated convenience and fuel stores toCrossAmerica, including 162 fee and 30 leased sites. Inreturn, CrossAmerica will sell to Couche-Tard the propertyfor 56 U.S. company-operated c-stores with fuel currentlyleased and operated by Couche-Tard and 17 companyoperatedc-stores with fuel owned and operated byCrossAmerica in the Upper Midwest.