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Alimentation Couche-Tard and EG Group, the British retailer, are exploring a tie-up worth around $16 billion, the Wall Street Journal reported, a marriage that would bring together two of the world’s largest convenience store chains.
Why it’s the BFD: A combination would unite companies that have together generated nearly $70 billion in annual revenues, and merge thousands of fast-food joints, gas stations and grocery stores across several continents.