Canada’s Couche-Tard Gets FTC Approval for $1.6 Billion GetGo Merger

Canada-based Alimentation Couche-Tard Inc., which is still waiting for news on a major deal to acquire Japan’s 7-Eleven and Speedway franchises across the United States, said on June 26 it received regulatory approval to complete a smaller $1.6 billion deal to acquire 270 convenience-store locations across the Midwest.

The Circle K owner announced after the close of market on June 27 that it has received Federal Trade Commission (FTC) clearance to proceed with its acquisition of GetGo Café + Market from Giant Eagle Inc., a Pittsburgh-based supermarket chain with C-store locations across Pennsylvania, Maryland, West Virginia, Ohio, and Indiana.