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Alimentation Couche-Tard Kicks off PLN33 Billion Takeover Offer for Poland's Żabka Group
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01:30 AM EDT, 07/31/2026 (MT Newswires) -- Alimentation Couche-Tard launched a takeover offer for Polish convenience-store operator Żabka Group (ZAB.WA) at 32 Polish zloty per share, valuing the target company at 32.62 billion zloty. The voluntary tender offer, which will be launched through Couche-Tard subsidiary Circle K Polska, has the backing of 57% of Żabka's shareholders, including CVC Capital Partners (CVC.AS) and Partners Group (PGHN.SW), the Toronto-listed convenience store operator Alimentation Couche-Tard said Friday. Upon reaching 95% ownership of Żabka's share capital under the offer, Alimentation Couche-Tard plans to launch a compulsory acquisition of the remaining shares and request the delisting of Żabka's shares from the Warsaw Stock Exchange.
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