0805 ET - If Alimentation Couche-Tard doesn't land 7-Eleven owner Seven & i, Scotiabank's John Zamparo says "M&A opportunities are present elsewhere... and with no deals, we estimate ATD can repurchase 15% of its shares in the next three years." The analyst estimates that it takes about 150 stores to add roughly 1% of EPS accretion to Couche-Tard, and he thinks that there are a possible eight other operators with just under 1,000 stores that exist in America. Europe, too, has opportunities for expansion, Zamparo says.(adriano.marchese@wsj.com)
(END) Dow Jones Newswires
March 04, 2025 08:05 ET (13:05 GMT)
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