July 31 (Reuters) - Canadian retailer Alimentation
Couche-Tard ( ANCTF ) said on Friday it plans to buy Polish
retailer Zabka for about 32.62 billion zlotys ($8.72
billion), and has struck agreements with its shareholders CVC
Capital and Partners Group.
Couche-Tard said it will initiate a voluntary tender offer
for Zabka's outstanding shares at 32.00 zlotys apiece, a premium
of about 9.4% to the Polish company's last close.
The company said the deal was "unanimously supported" by
Zabka's key executive managers and stakeholders owning about 57%
of its outstanding shares.
Last week, Japanese retailer Seven & i ( SVNDF ) decided
against proceeding with a potential investment in Zabka.
($1 = 3.7407 zlotys)