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Alimentation Couche-Tard Inc T.ATD

Alternate Symbol(s):  ANCTF

Alimentation Couche-Tard Inc. is engaged in convenience and mobility, operating in about 29 countries and territories, with more than 16,700 stores, of which almost 13,100 offer road transportation fuel. With its Couche-Tard and Circle K banners, the Company is an independent convenience store operator in the United States, and it is engaged in the convenience store industry and road transportation fuel retail in Canada, Scandinavia, the Baltics, as well as in Ireland. It also has a presence in Poland, Hong Kong Special Administrative Region of the People's Republic of China, Belgium, Germany, Luxembourg, and the Netherlands. Its North American network consists of about 17 business units, including 14 in the United States covering 47 states and three in Canada covering all 10 provinces. In Europe, it operates a broad retail network across Scandinavia, Ireland, Poland, and the Baltics through seven business units. Its operating brands include Circle K, Couche-Tard, and Ingo.


TSX:ATD - Post by User

Post by Lawyerupon Jan 15, 2021 1:29pm
202 Views
Post# 32307182

Rare Opportunity

Rare OpportunityYesterday to me was a rare opportunity to buy at extremely discounted prices with the nervous nellies selling.  The management of ATD.A are not stupid the team knows exactly what they are doing.  This deal if they convince the French govt would be a huge boost to the bottom line of Couche.  Right now what they have on their side is Carrefour stock is depressed and its been that way for awhile.  I think Couche can bring some solid management changes to improve Carrefour's bottom line.  In addition we might see the Carrefour brand come to Canada if this deal goes through.  To me its all positive, the downside is limited.  Just my two cents and that's why I bought starting at $36.30 and continued to add all the way down to $36.10.  Cheers Charlie.
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