TORONTO, June 26 (Reuters) - Canadian retailer
Alimentation Couche-Tard ( ANCTF ) will be required to divest 35
gas stations in order to move forward with its proposed $1.57
billion acquisition of 270 retail fuel outlets from grocery
store chain Giant Eagle, the Federal Trade Commission said on
Thursday.
The proposed consent order would settle FTC charges that the
deal was anticompetitive and would have likely led to higher
fuel costs for consumers across Indiana, Ohio, and Pennsylvania,
the commission said in a statement.