Shell’s Upstream business in Denmark are not impacted by this agreement. Separately, Shell is seeking a buyer for its Fredericia refinery. The sale is subject to regulatory approvals and is expected to complete in 2015. Details of ...
Shell has reached an agreement with Dansk Olieselskab ApS for the sale of A/S Dansk Shell in Denmark, which consists of the 70 thousand barrels per day Fredericia refinery and local trading and supply activities, for approximately $80 ...
Tags: Shell, agreement, Dansk Olieselskab ApS
Shell has completed the sale of Dansk Fuels in Denmark to Couche-Tard for approximately $300 million including working capital. Dansk Fuels comprises Shell’s Retail, Commercial Fuels, Commercial Fleet and Aviation businesses, and ...
Despite tough economic conditions, revenues for the world's 250 largest retailers reached $4.3 trillion in the last fiscal year (June 2012 through June 2013). The average size of the top 250 retailers exceeded $17 billion according to the ...
Tags: Retail Economy, Service
Canadian retailer Metro Inc has reported an increase in first-quarter profits as higher sales boosted margins. Metro booked a 17.1% rise in net earnings to C$121.4m (US$121.1m) for the quarter to 22 December. Excluding profits from a ...
Tags: food inflation, food industry, profits
Canadian retailer Metro Inc has today (9 August) posted a rise in third-quarter net profits on the back of increased sales. Net earnings for the quarter ending 30 June increased 13.6% to C$144.4m (US$225.6m). EBITDA climbed 10.3% to ...
Tags: Profit, Net earnings, Metro, net profits
Couche-Tard's newly-formed subsidiary, Couche-Tard Norway, is to carry out a compulsory acquisition of the final shares it does not own of Statoil Fuel & Retail (SFR). Last month, the French retailer confirmed its 81.2% ownership of the ...
Tags: Statoil Shares, share of Statoil, compulsory acquisition
Canadian convenience chain Couche-Tard has acquired 29 forecourt locations in Florida from Florida Oil Holdings. The acquisition was made through Couche-Tard's wholly-owned subsidiary Circle K Stores for an undisclosed sum. It is expected ...
Tags: convenience chain, Orlando market, forecourt locations
Canadian retailer Couche-Tard has purchased 27 stores in Eastern Washington State through its subsidiary Cirkle K. The Tri-Cities stores, which operate under the Sun Mart banner, were acquired from Sun Pacific Energy for an undisclosed ...
Couche-Tard has confirmed settlement dates in the latest development in its takeover bid for Norway's Statoil Fuel and Retail (SFR). Last week, the Canadian c-store retailer said its NOK53 (US$8.87) per share all-cash offer, which values ...
Canadian retailer Couche-Tard has booked a jump in full-year earnings, as it benefited from higher sales, improved margins and an extra trading week. The Quebec-based forecourt operator said net profit in the 53 weeks to the end of April ...
Tags: Canadian retailer, margins, trading week
Couche-Tard has become the principal owner of Statoil Fuel & Retail (SFR). In an update on yesterday's (18 June) news that the group had announced settlement dates for its NOK53 (US$8.87) per share all-cash offer for SFR, Couche-Tard has ...
Tags: takeover bid, stakeholder, ownership
Canadian c-store chain Couche-Tard has booked an increase in first-half profits boosted by acquisitions. In the 24 weeks ended 14 October, earnings amounted to C$278.1m (US$279.7m), a 9.9% increase on the prior year period. The group said ...
Tags: acquisition, Couche Tard
Canadian retailer Metro Inc has reported higher annual profits - and seen sales in its most recent quarter outstrip rival Loblaw. Metro's full-year earnings were boosted by its acquisition of local rival Marché Adonis and higher ...
Tags: retailer, Metro, annual profits, full-year earnings
Canadian c-store chain Couche-Tard reported an increase in adjusted first-quarter earnings, although reported profits fell on costs from its first acquisition in Europe. Couche-Tard said net earnings excluding charges from the purchase of ...
Tags: increase, c-store chain, Couche-Tard, retail