Canadian retail giant makes bid for 7-Eleven operator

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Canadian retail giant makes bid for 7-Eleven operator
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Alimentation Couche-Tard Inc. could be on the verge of dominating the world's convenience store market after it offered to buy one of the sector's biggest players.

Alimentation Couche-Tard Inc. could be on the verge of dominating the world's convenience store market after it offered to buy one of the sector's biggest players.

"This potential takeover bid is a huge deal," said Neil Saunders, managing director of GlobalData, in an email. And even if an agreement is reached, a deal isn't certain because of the regulatory approvals the parties will need to snag, Saunders pointed out. While the enormity of Couche-Tard's takeover plans may have surprised some, the company's president and chief executive Brian Hannasch told analysts on quarterly earnings call almost two months ago that he had several potential deals on his radar.

GetGo has about 3,500 employees and operates about 270 convenience retail and gas stations in Pennsylvania, Ohio, West Virginia, Maryland and Indiana.One man died and six people were missing, including a Canadian, after a luxury yacht was struck by an unexpectedly violent storm and sank off the Sicilian capital Palermo on Monday, the Italian coast guard said.General Motors said Monday it is laying off more than 1,000 salaried employees at its software and service units worldwide.

Biden was a spectator at his first DNC. Now, at his 13th, he's an incumbent president passing the torch In August 1969, American photographer Henry Diltz was on the phone with a friend who invited him to an outdoor concert he was organizing. The invitation was accepted, and within hours, Diltz was on his way to cover a massive counter-culture event set to take place on a dairy farm 60 kilometres from Woodstock, N.Y.Alain Delon, the internationally acclaimed French actor who embodied both the bad guy and the policeman and made hearts throb around the world, died at age 88, French media reported.

The owners of a thrift store on Vancouver's Granville strip are fed up after spending $300,000 to fight off what they describe as escalating crime over the past three years.In light of World Honey Bee Day on Saturday, local beekeepers recognized the crucial role that honey bees play in the ecosystem.A video of a rooster in the back of a Regina police cruiser has been making its rounds on social media.

The Transportation Safety Board of Canada says it found a number of safety deficiencies in its investigation into a Toronto ferry crash that injured 12 people two years ago.A busy intersection in downtown Toronto will be closed for one week starting Monday as the city starts the 'complete reconstruction' of the crossing.Families can expect the next Canada Child Benefit payment to land in their bank accounts this week, according to the Canada Revenue Agency.

In recent months, Quebec has issued virtually the same number of immigration selection certificates in the family class as in the past, contrary to claims by federal Immigration Minister Marc Miller.The people of Jasper are making progress on getting back to normal after being allowed back to their town, cleaning their homes, re-uniting with neighbours and seeking insurance information.

'Everybody was screaming': Multiple people sent to hospital after collision involving London Transit busTwo men were injured in an incident that occurred at a Barrie plaza around Cundles Road East and Sperling Drive early Monday morning.General Motors lays off over 1,000 salaried software, services employees

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