The Rio Times
Americas · 1 hrs ago
Canada’s Couche-Tard Joins the Race for a Slice of Brazil’s Ipiranga
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Canada’s Couche-Tard Joins the Race for a Slice of Brazil’s Ipiranga
Markets Key Facts —The bidder. Canada’s Alimentation Couche-Tard is in talks with Grupo Ultra to buy a stake in the fuel retailer Ipiranga. —The asset. Ipiranga is Brazil’s second-largest fuel distributor, with more than six thousand service stations. —The scale. The business generates more than one hundred and forty billion reais a year in revenue. […]
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